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    3333 Founders Rd Indianapolis, IN 46268

    Sponsored
    For Sale
    $2,500,000

    Prime Indy Office, Owner-User Opportunity

    Property size:
    18,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 18,000 square foot Class B office building presents a compelling investment opportunity in Indianapolis' thriving College Park area. Located at 3333 Founders Road, Marion County, IN 46268, this multi-tenant property offers immediate income potential with a current tenant in place, making it ideal for owner-users. The building's versatile design caters to various office needs, including executive, medical, and traditional office spaces. Its strategic location provides easy access to major thoroughfares like 86th Street and Michigan Road, with convenient proximity to I-465 and approximately 15 miles to downtown Indianapolis. The property boasts numerous recent updates throughout, enhancing its appeal and functionality. The asking price is $2,500,000, representing a strong value proposition in a dynamic market. This property is listed for both sale and lease, offering flexibility to potential investors seeking a high-performing asset with significant long-term appreciation potential. The building's location within the College Park area ensures access to a wealth of amenities and attractions, further enhancing its desirability. This is a rare opportunity to acquire a well-maintained, income-producing office building in a prime Indianapolis location.

    Property Features for 3333 Founders Rd

    General Information

    Property type
    Medical offices
    Square Feet
    18,000 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Great owner‑user opportunity with existing tenant.
    • Prime College Park location.
    • Offered for sale and lease.
    • Recently updated throughout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Harvath Heating and Air Hvac Contractor Crestline Construction Corporate Office Crestline Communities Real Estate Developer Hubbard Development Co., ... Real Estate Developer next generation flex ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2179581
    Latitude
    39.9128711

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    FAQs

    What type of property is this?
    Medical office - Prime Indy Office, Owner-User Opportunity
    Where is this medical office located?
    The property is located at 3333 Founders Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Great owner-user opportunity with existing tenant.; Prime College Park location.; Offered for sale and lease.
    Request Owner's contact information
    3333 Founders Rd Indianapolis, IN 46268
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    Indianapolis, IN 46268
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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
    3333 Founders Rd Indianapolis, IN 46268
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