285 John St, Noblesville, IN 46060
Corner office property in a non-residential planned development near Federal Hill Commons Park and Downtown Noblesville.
- Added:
- Jul 11, 2025
- Days on Market:
- 347
- Last Refresh:
- Jun 20 at 2:00 am
Property Features for 285 John St
General Information
- Standard status
- Active
- Size
- 1,960 SF
- Property subtype
- Mixed Use
Listing agent Annie Scott License #IN
Listing office Annie Scott Commercial Real Estate
Listing date Jul 11, 2025
Source Crexi
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HighLights
- Corner property at 285 John Street at Logan and John Streets in downtown Noblesville
- Zoned FeHiPD (Federal Hill Planned Development) in the Professional Office subdistrict
- Designed for non‑residential use; residential use is not permitted
- Professional Office subdistrict supports non‑residential uses such as professional offices, medical practices, or service‑based commercial development
- Steps from Federal Hill Commons Park, which hosts concerts, farmers markets, and seasonal events
Overview
The property is described as just steps from Federal Hill Commons Park, a community gathering space used for concerts, farmers markets, and seasonal events. Surrounding context includes a mix of historic character and modern activity, with walkable access to Noblesville’s downtown square, boutique shops, restaurants, and the Riverwalk. The downtown area is also noted for ongoing revitalization and streetscape and infrastructure improvements.
For tenants, buyers, and operators seeking an office or medical/service use in a planned non-residential district, the FeHiPD Professional Office subdistrict is a key consideration. The site’s downtown walkability and proximity to a major public gathering amenity may support businesses that benefit from customer and community access, while the zoning restrictions keep the property positioned for non-residential programming.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.1k | $19.44 |
| − Vacancy | −$3.7k | −$1.89 |
| EGI | $34.4k | $17.55 |
| − OpEx | −$8.6k | −$4.39 |
| NOI | $25.8k | $13.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Noblesville
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.0222045
- Latitude
- 40.0493054
