Two-Story Office
For Sale
$1,800,000
9955 Crosspoint Blvd, Indianapolis, IN 46256
Multi-tenant office property with surface parking and PUD-C zoning.
Property Size7,432 SF
Price / SF$242.20
Days on Market48
Property Features for 9955 Crosspoint Blvd
General Information
Standard status
Active
Size
7,432 SF
Class
B
Total Parking Spaces
48
Property subtype
Office - General Office
Zoning
PUD-C
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
7,432 SF
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
ALO Property Group
Listed By:
Pat Huffine · License ##RB21000964
(317) 853-7500
Source:
Commercialcafe
Added: Aug 20
Changed: Oct 1
Last Checked: Oct 5 at 3:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALO Property Group
Investment Insights
Based on property information with market context.
This 7,432-square-foot office building is arranged across two stories with a multi-tenant configuration. The property includes 48 surface parking spaces and carries PUD-C zoning, providing a defined commercial framework for the site.
The building is within Crosspoint Business Park and offers immediate access to I-69, I-465, and Binford Boulevard. Its office format and location support a range of established professional operations, including technology, engineering, healthcare, consulting, and corporate headquarters uses.
The building is within Crosspoint Business Park and offers immediate access to I-69, I-465, and Binford Boulevard. Its office format and location support a range of established professional operations, including technology, engineering, healthcare, consulting, and corporate headquarters uses.
Key Highlights
- 7,432 SF two‑story office building
- Multi‑tenant configuration
- 48 surface parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,125
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,962,500
$2.0M
Cap Rate 7%
$1,401,786
$1.4M
Cap Rate 9%
$1,090,278
$1.1M
Market Conditions
NOI Build-Up for 7,432 SF
Gross rent
$160.5K $21.60/SF
− Vacancy
−$29.7K −$4.00/SF
EGI
$130.8K $17.60/SF
− OpEx
−$32.7K −$4.40/SF
NOI
$98.1K $13.20/SF
Area
Indianapolis, IN
Vacancy
18.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,962,500
Cap Rate 7%
$1,401,786
Cap Rate 9%
$1,090,278
Alternative Uses
Best Use
Office B
$1.40M
$1.23M – $1.64M
NOI $98,125 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,495 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
Demographics for 46256, IN
22,598
Population
10,118
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
2,036
Density / Sq Mi
$86,529
Median Household Income
$55,021
Median Earnings
$1,136
Median Rent
$277,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office property with surface parking and PUD-C zoning.
Where is this office building located?
The property is located at 9955 Crosspoint Blvd Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 7,432 SF two‑story office building; Multi‑tenant configuration; 48 surface parking spaces
