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Property profile & analytics

1425 86th St Indianapolis, IN 46240-5918

  • Turn key restaurants
  • 27,063 SF
  • 0.81 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US31-1123350
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

  • Christopher Hanley, United Real Estate Indpls / Real Estate Agent
  • Catherine O'Banion, United Real Estate Indpls / Real Estate Agent
  • Bret Reinhardt / Real Estate Agency
  • Lisa Cotton Real Estate - Envoy Real Estate / Real Estate Agency / Service Establishment
  • Sally Yuska / Real Estate Agent

Property Details for 1425 86th St

Year built
1972
Construction
WOOD
Lot size
0.81 lot acres
Property size
27,063 SF
Zone code
ZO01
Property type
Turn key restaurants
APN
49-03-24-113-017.000-800
APU
490324113017000800

Description

Nora Station, located at 1425 E 86th St, Indianapolis, IN 46240, presents a unique opportunity for businesses seeking Class A office space in the desirable Nora submarket. This two-building complex, constructed in 1972 and extensively renovated in 2015, offers a total of 27,588 square feet of office space. Currently, one suite is available, totaling 880 square feet, representing a minimum divisible space. While the maximum contiguous space is also 880 square feet, this provides flexibility for smaller office users. The property features a convenient shared kitchen and break room. Situated near the intersection of East 86th Street and Westfield Boulevard, this location boasts exceptional walkability to numerous amenities, including coffee shops and local businesses within the Nora business district. Enjoy the proximity to the Monon Trail and a selection of four restaurants, as well as easy access to grocery stores. The property is a two-story building, however, it does not include elevators. This executive and traditional office space provides a compelling option for businesses seeking a well-maintained, amenity-rich environment in a thriving Indianapolis neighborhood.

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
-86.1361
Latitude
39.912
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
$50,932
$388,100
$1,618,600
$2,006,700
-
$388,100
$1,618,600
$2,006,700
More about this property
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