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Property profile & analytics
OFF-MARKET Estimated value $510,000
Office buildings

1012 75th St Indianapolis, IN 46240-2853

0.14 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US31-0997471
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.14 ac (6,316 SF)
Zoning code ZO01
APN 49-03-25-118-052.000-800
UPID US31-0997471
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
$510k
Owner & transaction history
Corduory Land Holdings LLC · 1 yrs held
Corduory Land Holdings LLC
since 2024
Last sale
$509,000
5 recorded transactions
2024
Price N/A
2024
$509,000
2024
Price N/A
2021
Price N/A
2021
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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