Property profile

1718 15Th St Indianapolis, IN 46202

OFF-MARKET
Other mixed-use properties
Property ID
US31-0324022
8,140 SF 0.36 ac lot
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Property summary

AI-generated overview

The property is an approximately 8,140-square-foot flex space located on about 0.36 acres. It underwent a complete renovation in 2021 that included replacement of the HVAC system, plumbing, electrical systems, and a new roof. The interior layout includes three large bedrooms that can be used as offices, three restrooms with showers, and a common living area with a kitchen, pantry, and laundry facilities. Open areas are provided on both the first floor and in the basement. The site includes a parking area with a drain, and a drive-in door on the building. A rooftop deck is included. The property is zoned C-5 and has historically been used for residential purposes under a variance.

Property profile

Verified
Property type Other mixed-use properties
Total area 8,140 SF
Lot 0.36 ac (15,682 SF)
UPID US31-0324022

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1718 15Th St Indianapolis, IN 46202
Indianapolis metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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