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Property profile & analytics
FOR SALE
Office Spaces

6612 E 75Th St Indianapolis, IN 46250

47,690 SF 4.46 ac lot Built 1979
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0599514
Property summary
AI-generated overview

Heritage Park I, located at 6612 E 75th St, Indianapolis, IN 46250, offers prime office space in Marion County. This Class B building boasts a total of 87,165 square feet, with multiple tenancy options available. Suites range from a minimum of 1,889 square feet to a maximum contiguous space of 11,530 square feet, providing flexibility for businesses of various sizes. Currently, 42,542 square feet is vacant and ready for immediate occupancy. The building is conveniently situated near Binford Blvd. and features attractive exterior improvements, newly updated common corridors, fresh paint, and new carpeting throughout. The property is well-suited for traditional office, executive office, or medical office uses. Signage opportunities are available, enhancing visibility and brand recognition. This professional building presents a compelling opportunity for businesses seeking a well-maintained and conveniently located office space in a desirable Indianapolis neighborhood. The property is categorized as a Traditional Office, Executive Office, and Medical Office building.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1979
Construction TYPE NOT SPECIFIED
Total area 47,690 SF
Lot 4.46 ac (194,104 SF)
Zoning code ZO01
APN 49-02-27-126-002.000-400
UPID US31-0599514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marcia Jefferson Physician
  • Thomas Nottingham, DC Alternative Medicine Practice
  • James L. Rasp, DC Alternative Medicine Practice
  • Dr. Kathryn Rae Robson Alternative Medicine Practice
  • Chiro One Chiropractic & Wellness Center of Indianapolis North Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$935k
Blend (final) Blend
$1.54M
Owner & transaction history
Cp Heritage III LLC · 7 yrs held
Cp Heritage III LLC
since 2019
7 recorded transactions
2021
Price N/A
2019
Price N/A
2016
Price N/A
2012
$4.7M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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