You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Strip malls

1701 Shadeland Ave Indianapolis, IN 46219-2733

11,478 SF 1.04 ac lot Built 1981
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-1178807
Property summary
AI-generated overview

This single-story, 11,514 square foot Class B office building, constructed in 1981, offers multiple suites for lease in Marion County. Currently, 1,542 square feet are vacant, presenting a flexible opportunity for various business types, including traditional, executive, or creative office spaces, or even retail or medical uses. The building boasts a desirable garden-style design with individual suite entrances, providing privacy and convenience. Ample storage space is available within each unit. Located on heavily trafficked Shadeland Avenue, this property offers excellent visibility and signage opportunities. Its strategic location provides easy access to major thoroughfares, being less than a quarter-mile from the intersection of I-465 and I-70, ensuring convenient commutes for employees and clients. The building benefits from its proximity to Downtown Indianapolis and is surrounded by numerous amenities, including large retailers and established businesses, creating a vibrant and convenient environment. The close proximity to Shadeland Medical Plaza and Community East Hospital further enhances its appeal for medical-related businesses. This property presents a unique opportunity to establish a presence in a thriving and accessible location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1981
Construction TYPE NOT SPECIFIED
Total area 11,478 SF
Lot 1.04 ac (45,128 SF)
Zoning code ZO01
APN 49-07-36-101-104.000-700
UPID US31-1178807
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
Current use
Occupant on record · Public records
  • Hambletonian Auto Spa Car Wash
  • Trillium Drivers Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bhagtana Brothers LLC · 1 yrs held
Bhagtana Brothers LLC
since 2025
5 recorded transactions
2025
Price N/A
2024
Price N/A
2005
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1701 Shadeland Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message