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Freestanding Office Building Site
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8631 S Meridian St, Indianapolis, IN 46217

For sale office building site with 350+ feet of frontage and all city utilities.

Property SizeContact for details
Lot Size3.26 Acres
Days on Market120

Property Features for 8631 S Meridian St

General Information

Standard status Active
Lot size 3.26 Acres
Property subtype Office

Site & Location

Traffic Count 32,000 vehicles/day
Utilities to Site Yes
Listing Agency: Realty World Harbert Company
Listed By: Trisha Benefield · License #IN RB16001709
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 7:31PM

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 Realty World Harbert Company

Investment Insights

Based on property information with market context.

For sale office building site comprising three adjacent properties for a total of 3.259 acres. The offering includes 350+ feet of frontage on S. Meridian St., with access provided by two side streets. City utilities are available at the site.

The property is located across the street from German Park and benefits from approximately 32,000 CPD along S. Meridian St., supporting visibility and convenient customer and employee access.

Also included are additional BLC references for the other three properties: 21699197, 21699564, and 21760111.

Key Highlights

  • Office building site with 350+ ft frontage on S. Meridian St., across from German Park
  • 3 adjacent properties totaling 3.259 acres
  • 350+ ft of frontage with two side streets for easy access

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Big Box & Wholesale Store Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32,000 VPD
Traffic count
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby

Demographics for 46217, IN

34,725
Population
14,078
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
1,638
Density / Sq Mi
$88,326
Median Household Income
$46,909
Median Earnings
$1,370
Median Rent
$226,100
Median Home Value

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - For sale office building site with 350+ feet of frontage and all city utilities.
Where is this office building located?
The property is located at 8631 S Meridian St Indianapolis, IN.
What are key features of this property?
This property features: Office building site with 350+ ft frontage on S. Meridian St., across from German Park; 3 adjacent properties totaling 3.259 acres; 350+ ft of frontage with two side streets for easy access
More about this property
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