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    8208 Allisonville Rd Indianapolis, IN 46250

    Sponsored
    For Sale
    $980,000

    Prime Indianapolis storefront, 3,056 sq ft.

    Property size:
    3,056 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This fee-simple retail storefront at 8208 Allisonville Rd, Indianapolis, IN 46250, presents a compelling investment opportunity. The 3,056 square foot building, constructed in 1958, sits on a 0.23-acre lot and is classified as a Class B property. Its C4 zoning allows for a variety of commercial uses. The asking price is $980,000, translating to $320.68 per square foot. The single-story building offers excellent visibility and accessibility in the Keystone Crossing submarket, benefiting from proximity to I-465 and public transportation. The property includes surface parking for approximately 10 vehicles, enhancing convenience for employees and customers. Its location near various retail establishments, restaurants, and healthcare facilities creates a desirable work environment. The sturdy masonry construction ensures durability and functionality. This property is an ideal owner-user investment in a thriving Indianapolis location. The Marion County APN is 49-02-21-100-002.000-800.

    Property Features for 8208 Allisonville Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,056 SF
    Class
    B
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1958
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Castleton Integrative Health Chiropractor Sheppard Ronald G ... Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.078689036533
    Latitude
    39.90545586116

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    FAQs

    What type of property is this?
    Individual retail property - Prime Indianapolis storefront, 3,056 sq ft.
    Where is this individual retail property located?
    The property is located at 8208 Allisonville Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $980,000.
    Request Owner's contact information
    8208 Allisonville Rd Indianapolis, IN 46250
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    Indianapolis, IN 46250
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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
    8208 Allisonville Rd Indianapolis, IN 46250
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