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    4880 Century Plaza Rd Indianapolis, IN 46254

    For Lease
    Contact for pricing

    71,031 SF Medical Office - Available Now

    Lot size:
    71,031 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 71,031 square foot medical office building is available for lease or sale in Indianapolis, Indiana. Located at 4880 Century Plaza Road, this multi-tenant property offers unparalleled convenience with its immediate proximity to I-65, boasting a daily traffic volume of 65,000 vehicles. The building is currently entirely vacant, presenting a unique opportunity for a single large tenant or multiple smaller tenants to establish a significant presence in a high-traffic area. Key features include a covered patient drop-off area, designed for patient comfort and accessibility, and ample parking to accommodate both staff and patients. The property is situated in Marion County, Indiana, and offers a total of 71,031 square feet of space, making it ideal for a variety of medical practices or healthcare-related businesses. The strategic location and comprehensive amenities make this property an attractive investment opportunity for those seeking a prominent medical office space in a thriving Indianapolis location. The building's size and layout offer significant flexibility for customization to meet the specific needs of potential tenants. This is a rare opportunity to secure a substantial, fully vacant medical office building in a prime location with excellent visibility and accessibility.

    Property Features for 4880 Century Plaza Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,031 SF

    Unit(s) available at that property

    Space
    Entire Building
    Size
    71,031 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peter A. Carey, MD ... Family Practice Physician John Steenbergen, MD Internist Jeffrey J. Couture, ... Internist Daniel Robinson, M.D. Ophthalmologist Nilaben Patel, NP ... Internist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2416512
    Latitude
    39.8369922

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    FAQs

    What type of property is this?
    Medical office - 71,031 SF Medical Office - Available Now
    Where is this medical office located?
    The property is located at 4880 Century Plaza Rd Indianapolis, IN.
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    4880 Century Plaza Rd Indianapolis, IN 46254
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    Indianapolis, IN 46254
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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
    4880 Century Plaza Rd Indianapolis, IN 46254
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