Corner-Lot Office
6570 Carrollton Avenue Indianapolis, IN 46220
6570 Carrollton Avenue, Indianapolis, IN, 46220
$299,000
For Sale
$299,000
Corner-lot office suite with two private offices, conference room, and two bathrooms including a shower.
Property Size1,010 SF
Price / SF$296.04
Days on Market196
Property Features for 6570 Carrollton Avenue
General Information
- Standard status
- Active
- Size
- 1,010 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1887
Listing agency
F.C. Tucker Company
(317) 902-8622
Listed by
Stephanie Scott
(317) 902-8622
Source
Xome
Added: Jan 7 Updated: Jul 22 at 11:54AM Checked: Jul 22 at 11:54AM
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 F.C. Tucker Company
Investment Insights
Based on property information with market context.
Located at 6570 Carrollton Avenue in Indianapolis, this corner-lot commercial property offers an office-suite configuration currently occupied by a CPA firm. The interior layout includes two large private offices, a conference room, a dedicated work area, and two bathrooms, one of which includes a shower.
The property is positioned directly across from Opti-Park and Park 66 Flats and is described as being just one block from the Monon Trail. This setting provides regular daily visibility tied to the surrounding multi-family presence and the trail’s pedestrian and recreational activity.
Overall, the space is arranged to support private office work alongside meeting and shared work functions, with restroom amenities designed for in-office convenience.
The property is positioned directly across from Opti-Park and Park 66 Flats and is described as being just one block from the Monon Trail. This setting provides regular daily visibility tied to the surrounding multi-family presence and the trail’s pedestrian and recreational activity.
Overall, the space is arranged to support private office work alongside meeting and shared work functions, with restroom amenities designed for in-office convenience.
Key Highlights
- Corner‑lot commercial property at Carrollton Avenue and East 66th Street in Broad Ripple
- Currently occupied by a CPA firm
- Interior layout includes two large private offices, a conference room, and a dedicated work area
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 | $21.8k | $21.60 |
| − Vacancy | −$4.0k | −$4.00 |
| EGI | $17.8k | $17.60 |
| − OpEx | −$4.4k | −$4.40 |
| NOI | $13.3k | $13.20 |
1,010 SF · lease $21.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$190.5K
$166.7K – $222.3K
NOI $13,335 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$251.4K
$220.0K – $293.3K
NOI $17,598 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bottom Line Advisors
Accounting Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Corner-lot office suite with two private offices, conference room, and two bathrooms including a shower.
Where is this office units located?
The property is located at 6570 Carrollton Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Corner‑lot commercial property at Carrollton Avenue and East 66th Street in Broad Ripple; Currently occupied by a CPA firm; Interior layout includes two large private offices, a conference room, and a dedicated work area
