Office
For Sale
$1,200,000
1640 N Ritter Avenue, Indianapolis, IN 46218
Office property with HD-2 zoning.
Property Size9,500 SF
Price / SF$126.32
Days on Market215
Property Features for 1640 N Ritter Avenue
General Information
Standard status
Active
Size
9,500 SF
Property subtype
Office
Additional Details
Cap Rate
11.7%
Amenities
Central Air, A/C - Zone
3
Asphalt.
Building Details
Year Built
1975
Listing Agency:
Berkshire Hathaway Homeservices
(317) 590-3785
Listed By:
Berkshire Hathaway Home · License #476132831
(317) 590-3785
Source:
Xome
Added: Jan 28
Changed: Aug 30
Last Checked: Aug 30 at 3:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Homeservices
Investment Insights
Based on property information with market context.
This office building contains 9,500 square feet and was constructed in 1975. The property carries HD-2 zoning and is located at 1640 N Ritter Ave in Indianapolis, Indiana.
The offering reflects an 11.70% capitalization rate, providing a concise financial metric for evaluating the asset alongside its physical characteristics and zoning designation.
The offering reflects an 11.70% capitalization rate, providing a concise financial metric for evaluating the asset alongside its physical characteristics and zoning designation.
Key Highlights
- 9,500‑square‑foot office building
- 11.70% capitalization rate
- HD‑2 zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Explore this area
Business Placement
Demographics for 46218, IN
30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
Market
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office property with HD-2 zoning.
Where is this office building located?
The property is located at 1640 N Ritter Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 9,500‑square‑foot office building; 11.70% capitalization rate; HD‑2 zoning
