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    8803 Meridian St Indianapolis, IN 46260

    Sponsored
    For Lease
    $20 SF/Yr

    Three buildings, ample parking, prime location.

    Lot size:
    5,183 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional medical office opportunity encompasses three buildings situated on the highly trafficked North Meridian Street corridor, offering unparalleled visibility and signage potential. The property boasts a total of ample parking spaces, catering to both patients and staff. Each of the three, three-story buildings features elevators for convenient access. Currently, there are three available spaces ranging from 1,338 to 1,949 square feet, totaling 5,183 square feet of vacant space. The location is strategically positioned between Ascension St. Vincent Indianapolis Hospital and IU Health North Hospital, placing the property within a thriving healthcare hub. Easy access to I-465 ensures convenient commutes for patients and employees alike. Numerous nearby amenities further enhance the appeal of this exceptional investment opportunity. The high visibility and convenient location make this property ideal for a variety of medical practices seeking a prominent presence in a densely populated, healthcare-focused area. This is a rare chance to acquire a well-established medical office complex with significant growth potential.

    Property Features for 8803 Meridian St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,183 SF

    Building Details

    Buildings
    3
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 8803-325
    Size
    1,896 SF
    Rate per SF
    $20
    Space
    Suite 8803-300
    Size
    1,338 SF
    Rate per SF
    $20
    Space
    Suite 8801-305
    Size
    1,949 SF
    Rate per SF
    $20

    HighLights

    • Medical office building with three buildings totaling 5,183 square feet of vacant space.
    • Three‑story building with ample parking and elevators.
    • Multiple suites available, ranging from 1,338 to 1,949 square feet.
    • High‑visibility location on the North Meridian Corridor with excellent signage opportunities.
    • Convenient access to I‑465 and situated between Ascension St. Vincent Indianapolis Hospital and IU Health North Hospital.
    Property Profile Location Intelligence

    Current Use by Public Records

    Youkilis Robert A MD Doctor Michele C. Cabellon, ... Nephrologist Deborah Darby L. ... Nephrologist Sharon L. Karp, ... Nephrologist Katherine L. Walker, ... Nephrologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply 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
    -86.1576652
    Latitude
    39.9160881

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    FAQs

    What type of property is this?
    Medical office - Three buildings, ample parking, prime location.
    Where is this medical office located?
    The property is located at 8803 Meridian St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Medical office building with three buildings totaling 5,183 square feet of vacant space.; Three-story building with ample parking and elevators.; Multiple suites available, ranging from 1,338 to 1,949 square feet.
    Request Owner's contact information
    8803 Meridian St Indianapolis, IN 46260
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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
    8803 Meridian St Indianapolis, IN 46260
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