1012 75th St Indianapolis, IN 46240-2853
Exceptional opportunity to acquire a beautifully renovated 2,688 square foot executive office building located at 1012 E 75th St, Indianapolis, IN 46240. This charming Cape Cod-style building, constructed in 1928, boasts four stories and is situated in the desirable Meridian Hills area, directly across from the Monon Trail. The property features stunning architectural details including triple crown molding and large built-in shelving throughout. The first floor includes an expansive glass-enclosed owner's suite, ideal for executive offices. Additional office and storage space is available in the finished attic and basement. A spacious conference room offers captivating views through nautical-style windows. Ample private parking is provided at the rear of the building. The property is zoned C-3 and offers a unique blend of historical charm and modern functionality. New office furnishings are included in the sale price of $640,000 ($238.10/sq ft). Mature landscaping and convenient access to the Monon Trail enhance the property's appeal and location. This is a truly exceptional opportunity for a discerning buyer seeking a prestigious and well-appointed office space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.