Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1201 Post Rd Indianapolis, IN 46219

    • Office properties & Spaces
    • 3,306 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Aesthetics Lounge and Spa Indianapolis / Spa & Massage Center / Alternative Medicine Practice
    • Abound Community Services / Social Service Agency
    • Dr. David Lukens / Pediatrician / Physician
    • Roger Perry / Physician / Medical Clinic
    • Dr. Bryan Sigg / Dental Office

    Property Details for 1201 Post Rd

    Property size
    3,306 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional single-story professional office building at 1201 N Post Rd, Indianapolis, IN 46219, offers 3,306 square feet of versatile space ideal for medical or traditional office uses. The property is currently fully vacant and available for immediate occupancy. Two divisible suites are available, providing flexibility for various business needs. One suite offers 1,287 square feet, while the second comprises 2,019 square feet, allowing for a total of 3,306 square feet of contiguous space. The building boasts updated offices and is exceptionally well-maintained, reflecting a commitment to quality and functionality. Its convenient location in Indianapolis offers easy access to major thoroughfares, ensuring convenient commutes for employees and clients alike. The property is perfect for a single tenant seeking the entire 3,306 square feet or for multiple tenants seeking smaller, more manageable spaces. The minimum divisible space is 1,287 square feet, providing options for businesses of various sizes. This is a rare opportunity to secure a well-maintained, updated office building in a desirable Indianapolis location. The property's excellent condition and flexible layout make it an attractive option for a wide range of businesses. Don't miss this chance to establish your presence in this thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0085
    Latitude
    39.7849

    Comparable in this City

    • Value Estimation by Request
      12,800 SF

      135 Shortridge Rd

      Medical Office Space • 12,800 SF
      135 Shortridge Rd, Indianapolis, IN 46219
      View Details
    • Value Estimation by Request

      7353 21St St

      Medical Office Space
      7353 21St St, Indianapolis, IN 46219
      View Details
    • Value Estimation by Request
      0.12 Acres

      20 Belmar Ave

      MEDICAL BUILDING • 0.12 Acres
      20 Belmar Ave, Indianapolis, IN 46219-5218
      View Details
    • Value Estimation by Request
      0.13 Acres

      20 Belmar Ave

      MEDICAL BUILDING • 0.13 Acres
      20 Belmar Ave, Indianapolis, IN 46219-5218
      View Details
    • Value Estimation by Request
      5,600 SF

      5502 Washington St

      MEDICAL BUILDING • 5,600 SF
      5502 Washington St, Indianapolis, IN 46219
      View Details
    • Value Estimation
      $1,475,000
      42,318 SF

      2040 Shadeland Ave

      MEDICAL BUILDING • 42,318 SF
      2040 Shadeland Ave, Indianapolis, IN 46219-1711
      View Details

    Similar Nearby for Sale

    • $2,375,000

      Warren Professional Center: Medical Office Building

      Indianapolis Medical Office - Excellent Location
      7353 21St St, Indianapolis, IN 46219
      View Details
    • $2,900,000
      32,036 SF

      Prime Indy Executive Office Building

      32,036 SF Office, $2.9M Asking
      1213 Arlington Ave, Indianapolis, IN 46219
      View Details
    • $399,000
      2,274 SF

      Freestanding Office Building on Shadeland

      Single-story office building with excellent visibility and accessibility.
      1101 N Shadeland Ave, Indianapolis, IN 46219
      View Details
    • Contact for pricing

      Adaptable Office Space for Sale

      Flexible office space with signage options and convenient location.
      1398 N Shadeland Ave, Indianapolis, IN 46219
      View Details
    • $260,000
      1,996 SF

      Freestanding Office Building on Shadeland

      Single-story office building on 0.30 acres in Indianapolis.
      1109 N Shadeland Ave, Indianapolis, IN 46219
      View Details
    • Contact for pricing
      7,200 SF

      Single-Story Professional Office Building

      Single-story office building suitable for professional, medical, sales, service.
      1320 N Post Rd, Indianapolis, IN 46219
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr

      Post Road Medical Center

      Medical / Professional Office- 1,287 up to 3,306 SF | Fully Renovated | Divisible Suites | $16/SF
      1201 N Post Rd, Indianapolis, IN 46219
      View Details
    • $18 SF/Yr

      211 S. Ritter

      Modern Open Concept Private Office or Makers Space Available in Historic Irvington
      211 S Ritter Ave, Indianapolis, IN 46219
      View Details
    • $13 SF/Yr
      35,802 SF

      Prime Indianapolis Office Space

      Executive Suites, Flexible Lease Options
      2855 Franklin Rd, Indianapolis, IN 46219
      View Details
    • $4,500 /Mo
      8,000 SF

      Commercial Space with Drive-Through Garage

      All-inclusive commercial space with attached drive-through garage for lease.
      6771 E Washington St, Indianapolis, IN 46219
      View Details
    • $18 SF/Yr
      18,581 SF

      Irvington Office Space: Historic Charm

      Modern office, historic Irvington, ample parking.
      211 Ritter Ave, Indianapolis, IN 46219
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1201 Post Rd
    Indianapolis, IN 46219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!