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    8481 Castlewood Dr Indianapolis, IN 46250

    Sponsored
    For Lease
    $9 SF/Yr
    Lot size:
    104,945 SF
    Added:
    Dec 11, 2024
    Days on Market:
    391

    Property Features for 8481 Castlewood Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,945 SF
    Total Rate
    83081.46

    Building Details

    Year Built
    1992

    Unit(s) available at that property

    Space
    8481-900
    Size
    2,125 SF
    Rate per SF
    $9

    HighLights

    • Three buildings totaling 104,945 square feet.
    • Built between 1989 and 1992.
    • 12' - 16' clear ceiling height.
    • Dock‑high and drive‑in loading.
    • I‑3 and C‑4 zoning.
    • Ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    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
    -86.0478324
    Latitude
    39.910114

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    FAQs

    Where is this flex space located?
    The property is located at 8481 Castlewood Dr Indianapolis, IN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Three buildings totaling 104,945 square feet.; Built between 1989 and 1992.; 12' - 16' clear ceiling height.
    Request Owner's contact information
    8481 Castlewood Dr 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
    8481 Castlewood Dr Indianapolis, IN 46250
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