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    86th St & Allisonville Rd Indianapolis, IN 46250

    Sponsored
    For Lease
    Contact for pricing

    Prime Indianapolis retail space available.

    Lot size:
    1,642 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,642 square foot retail space is located in the highly desirable Castle Creek Plaza in Indianapolis, Indiana, within Marion County. The property is a single-tenant space, currently vacant and ready for immediate occupancy. Its strategic location at the intersection of E. 86th Street and Allisonville Road places it directly across from the bustling Castleton Square Mall, ensuring high visibility and foot traffic within Indianapolis' primary trade area. The plaza boasts a strong tenant mix, including established businesses such as Bob's Discount Furniture, The Melting Pot, The Ale Emporium, Capel Rugs, 5.11 Tactical, and Jack's Pizza, creating a vibrant and attractive shopping destination. This presents a unique opportunity for a business seeking a prominent location with excellent access and strong neighboring businesses. The property is classified as Commercial Retail and offers a total building square footage of 1,642 square feet, all of which is currently vacant. The zip code is 46250. This space is ideal for a variety of retail uses and offers significant potential for growth and success. Interested parties are encouraged to inquire further to explore this exceptional opportunity.

    Property Features for 86th St & Allisonville Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,642 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,642 SF

    HighLights

    • 1,642 SF retail space available for lease.
    • Strong tenant mix in Castle Creek Plaza includes Bob's Discount Furniture, The Melting Pot, and other established businesses.
    • High‑visibility location in Indianapolis' primary trade area, across from Castleton Square Mall.
    • Signalized intersection at E. 86th Street and Allisonville Road, with easy access to I‑465.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0751894
    Latitude
    39.9123314

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    FAQs

    What type of property is this?
    Retail property - Prime Indianapolis retail space available.
    Where is this retail property located?
    The property is located at 86th St & Allisonville Rd Indianapolis, IN.
    What are key features of this property?
    This property features: 1,642 SF retail space available for lease.; Strong tenant mix in Castle Creek Plaza includes Bob's Discount Furniture, The Melting Pot, and other established businesses.; High-visibility location in Indianapolis' primary trade area, across from Castleton Square Mall.
    Request Owner's contact information
    86th St & Allisonville Rd Indianapolis, IN 46250
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    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
    86th St & Allisonville Rd Indianapolis, IN 46250
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