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    5255 Tacoma Ave Indianapolis, IN 46205

    Sponsored
    For Lease
    Contact for pricing

    Modern Offices, Flexible Lease Terms

    Lot size:
    58,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Malott Office Park, located at 5255 N Tacoma Ave, Indianapolis, IN 46205, offers a variety of flexible office spaces ideal for businesses of all sizes. This prime location, conveniently situated off Keystone Ave and 52nd St, provides easy access to major transportation routes. The property encompasses a total of 58,300 square feet, with multiple tenancy options available. Currently, there are 10,225 square feet of vacant space, divisible into units ranging from a minimum of 800 square feet to a maximum contiguous space of 3,000 square feet. The building caters to diverse business needs, offering traditional, executive, and creative office spaces. This presents an excellent opportunity for businesses seeking smaller offices or shorter lease terms. The property's strategic location and adaptable space make it an attractive option for companies looking for a convenient and functional workspace in Indianapolis. The address is easily accessible and well-suited for employees commuting from various parts of the city. With its diverse office space options and convenient location, Malott Office Park is a compelling choice for businesses seeking a productive and accessible work environment. Contact us to learn more about available spaces and lease terms.

    Property Features for 5255 Tacoma Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,300 SF

    Unit(s) available at that property

    Space
    5255 N Tacoma Suites 4-5
    Size
    2,000 SF
    Space
    5257 N Tacoma Ave Suite 1
    Size
    1,000 SF
    Space
    5255 N Tacoma Suite 6
    Size
    1,000 SF

    HighLights

    • Convenient on‑site parking with direct access.
    • Multiple individual entrances and restrooms minimize shared spaces.
    • Excellent location just south of Broad Ripple and Glendale Mall.
    • Abundant on‑site parking available.
    • Perfect for businesses needing smaller office suites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Midwest Cellular Recycling Recycling Center Mike Taylor Photography Portrait Studio Midwest Trike & Bike Bicycle Shop National Tenant Network Credit Reporting Agency Rusty Needle Tattoo Tattoo Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1200381
    Latitude
    39.848698

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    FAQs

    What type of property is this?
    Office space - Modern Offices, Flexible Lease Terms
    Where is this office space located?
    The property is located at 5255 Tacoma Ave Indianapolis, IN.
    What are key features of this property?
    This property features: Convenient on-site parking with direct access.; Multiple individual entrances and restrooms minimize shared spaces.; Excellent location just south of Broad Ripple and Glendale Mall.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5255 Tacoma Ave Indianapolis, IN 46205
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