Property profile & analytics
1404 Main St Indianapolis, IN 46224-6526
- Commercial real estate
- 3,200 SF
- 0.06 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-0633302
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
- State Farm / Insurance Agency
- ContainMed, Inc / Corporate Office / Business Park
Property Details for 1404 Main St
- Year built
- 1981
- Construction
- WOOD
- Lot size
- 0.06 lot acres
- Property size
- 3,200 SF
- Property type
- Commercial real estate
- APN
- 49-06-31-101-351.000-914
- APU
- 490631101351000914
Description
This exceptional 3,200 square foot retail property is located at 1404 N. Main Street in Speedway, Indiana, within Marion County (zip code 46224). The space is currently vacant and offers a single-tenant occupancy. The building features a well-balanced layout with 1,600 square feet on the main level and an additional 1,600 square feet on the lower level, providing ample space for a variety of retail uses. Ten designated parking spaces are available for the premises, ensuring convenient access for customers and employees. The property is undergoing significant improvements, including a new roof and major exterior renovations. This prime location in the heart of downtown Speedway benefits from the year-round international draw of the Indianapolis Motor Speedway, home to the world's largest sporting event, guaranteeing high visibility and foot traffic. This presents a unique opportunity for businesses seeking a prominent location in a vibrant and growing community. The property is ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.2415
- Latitude
- 39.7855
- 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
$2,076
$16,900
$54,900
$71,800
-
$16,900
$54,900
$71,800
