You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Specialty properties

1206 Waterway Blvd Indianapolis, IN 46202

100,000 SF 50 ac lot
Property ID
Property summary
AI-generated overview

Located at 1206 Waterway Blvd, Indianapolis, IN 46202, this Class A, five-story building offers 100,000 square feet of versatile office space. Ideal for a variety of uses, including traditional office, medical office, executive suites, coworking, and creative office environments. The property features a minimum divisible space of 2,000 square feet and a maximum contiguous space of 22,000 square feet, with 24,000 square feet currently vacant. The building sits on a 50-acre lot and boasts 15' 6" ceilings and 20 watts per rentable square foot of power. This exceptional property is situated in the heart of Indianapolis' thriving research market, making it an excellent location for businesses in the life sciences and biotech industries. The building's design fosters collaboration and innovation, providing a dynamic environment for startups and established professionals alike. This is a unique opportunity to secure space in a state-of-the-art facility within a rapidly growing and highly sought-after area. Multiple tenancy options are available. Contact us today to learn more about leasing opportunities.

Property profile
Verified
Property type Specialty properties
Total area 100,000 SF
Lot 50 ac (2,178,000 SF)
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1206 Waterway Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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