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Property profile & analytics

8760 Michigan Rd Indianapolis, IN 46268

  • Strip malls
  • 8,400 SF
  • 0.89 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1115465
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Panda Express / Chinese Restaurant / Asian Restaurant
  • Verizon / Telephone Company / Cell Phone Store
  • Verizon Business Services / Business To Business Service
  • Blaze Pizza / Pizza Restaurant

Property Details for 8760 Michigan Rd

Year built
2007
Construction
TYPE NOT SPECIFIED
Lot size
0.89 lot acres
Property size
8,400 SF
Zone code
ZO01
Property type
Strip malls
Property subtype
Neighborhood centers
APN
49-03-18-106-024.003-600
APU
490318106024003600

Description

This exceptional 2,798 square foot retail space is located in the thriving Michigan Road Shoppes, a highly visible shopping center in Marion County. Previously a restaurant, the property boasts existing fixtures, furniture, and equipment (FF&E), and includes a patio area and a potential pick-up window. The space benefits from an endcap location with access to a pylon sign, ensuring maximum brand exposure. The shopping center enjoys strong co-tenancy with established businesses such as Verizon and Panda Express, and is anchored by major retailers including Costco, a newer Crunch Fitness, and Harbor Freight. The strategic location provides excellent access to Michigan Road (46,020 vehicles per day), with a stoplight and a second full access point. Additional access points are available via 86th Street (35,142 vehicles per day). The property's proximity to I-465 (138,978 vehicles per day) further enhances its accessibility. A significant daytime population is guaranteed by nearby office complexes like College Park and Park 100. The area also boasts a wealth of nearby amenities, including Trader Joe's, Walmart, Target, Kroger, and Lowe's, creating a robust customer base. This turnkey opportunity is ideal for a variety of retail concepts.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.2245
Latitude
39.9143
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,229
$287,900
$579,300
$867,200
-
$287,900
$579,300
$867,200
More about this property
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