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    Property profile & analytics

    7400 Shadeland Ave Indianapolis, IN 46250

    • Office Properties & Spaces
    • 53,030 SF
    • 2.81 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US31-0593547
    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

    • Hanafee & Jones Inc / Accountant
    • Harrison Matthew W MD / Gastroenterologist
    • Lynx Incorporated / Marketing Consultant
    • The Hope Training Center / Training Centre
    • Financial Wize Mortgage Lenders Indianapolis IN / Assisted Living Facility / Health Consultant

    Property Details for 7400 Shadeland Ave

    Year built
    1990
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.81 lot acres
    Property size
    53,030 SF
    Zone code
    ZO01
    Property type
    Office Properties & Spaces
    APN
    49-02-26-112-015.000-400
    APU
    490226112015000400

    Description

    This exceptional office property at 7400 Shadeland Avenue in Indianapolis, Indiana, offers a prime location and flexible space options. The building features a total of 12,994 square feet of vacant space, currently divided into three available suites ranging from 3,108 to 4,917 square feet. Ideal for a variety of businesses, including traditional office and medical practices, this property is well-suited for multiple tenants. Its strategic location just east of Binford Boulevard at the intersection of Shadeland Avenue and 75th Street provides excellent visibility and accessibility. The property benefits from convenient access to I-465, offering easy commutes for employees and clients. Furthermore, the building boasts excellent signage opportunities, enhancing its marketing potential. The location is highly desirable, situated just one mile south of Community Hospital North and a short five-minute drive from the vibrant Castleton area, providing access to a wealth of amenities and a strong workforce pool. Competitive rental rates are available, making this a compelling opportunity for businesses seeking a high-quality, well-located office space in Indianapolis. The property's zip code is 46250.

    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
    -86.047
    Latitude
    39.8881
    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
    $88,445
    $792,300
    $2,824,500
    $3,616,800
    -
    $792,300
    $2,824,500
    $3,616,800

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    Indianapolis, IN 46250
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    Realmo Value Estimation

    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.

    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.

    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
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