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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1440 Madison Ave Indianapolis, IN 46225

4,000 SF Built 2009
Property ID
Property summary
AI-generated overview

This exceptional 4,000-square-foot freestanding medical office building, constructed in 2009, presents a unique investment opportunity in Indianapolis, Indiana. Located at 1440 Madison Avenue, at the intersection of Madison Avenue and Terrace Avenue, this single-tenant property boasts excellent visibility and accessibility. The building is situated in a high-growth area, just south of Downtown Indianapolis and adjacent to the expanding Bates Hendricks Neighborhood, placing it a convenient 1.5 miles from the Central Business District. Its MU2 (Mixed Use – Neighborhood Focused) zoning provides flexibility for a variety of uses, including medical, retail, office, and food service establishments. The single-story structure offers ample space for a variety of business needs. This well-maintained property represents a rare opportunity to acquire a strategically located commercial building in a thriving Indianapolis neighborhood. The zip code is 46225. The property's prime location and versatile zoning make it an ideal investment for businesses seeking high visibility and convenient access to the city's core. This is a single-tenant building offering 4,000 square feet of space.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2009
Total area 4,000 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
Current use
Occupant on record · Public records
  • Indiana Bureau of Motor Vehicles Law Firm
  • Indianapolis - Madison Ave BMV Branch Department Of Motor Vehicles
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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