1107 N Arlington Ave Indianapolis, IN 46219
Property profile & analytics
1107 N Arlington Ave, Indianapolis, IN 46219
- Strip malls
- 9,570 SF
- 4.45 lot acres
Property ID
US31-0026928
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.
Location Intelligence
Current Use by Public Records
- GLOBAL FURNITURE / Furniture & Home Goods / Home Decor Store
Property Details for 1107 N Arlington Ave
- Year built
- 1974
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.45 lot acres
- Zone code
- ZO01
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 49-07-35-106-080.000-701
- APU
- 490735106080000701
Description
This exceptional 56,556 square foot shopping center, located at 1107 N Arlington Ave, Indianapolis, IN 46219, presents a compelling investment opportunity. Built in 1974 and zoned C-4, the property boasts a strong 96% occupancy rate, generating a substantial net operating income (NOI) of $252,000, translating to a 6.00% capitalization rate. The asking price is $4,199,900, representing a price per square foot of $74.26. Situated on Arlington Avenue, the center benefits from excellent visibility and frontage, attracting a steady stream of customers. With its impressive NOI and high occupancy, this property offers significant upside potential for investors seeking a stable, high-performing retail asset in a desirable Indianapolis location. The property's strong performance and prime location make it an attractive investment for those seeking a well-established retail center with potential for future growth. The center's established tenant base and high occupancy rate contribute to its consistent cash flow, making it a low-risk, high-reward investment. Further investigation into the property's potential for increased revenue is encouraged.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.0634
- Latitude
- 39.7836
- 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
$27,996
$426,900
$596,900
$1,023,800
-
$426,900
$596,900
$1,023,800
