You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Flex space

1718 15Th St Indianapolis, IN 46202

8,140 SF 0.36 ac lot
Property ID
US31-0324022
Property summary
AI-generated overview

This exceptional 8,140-square-foot flex building, situated on a 0.36-acre lot in Indianapolis, Indiana, presents a unique investment opportunity. Completely renovated in 2021, the property boasts brand new HVAC, plumbing, electrical systems, and roofing. The building features three large bedrooms, easily adaptable to office spaces, and three bathrooms complete with showers. A spacious common area includes a kitchen, pantry, and laundry facilities. The layout includes open areas on both the first floor and basement, providing versatile space for various uses. Ample parking is available, enhanced by a recently seal-coated, drained area. Access is convenient via one drive-in door. Enjoy the added benefit of a rooftop deck. The property is zoned C-5, currently operating under a residential variance. The asking price is $1,221,000, translating to $150 per square foot. This three-story building offers a blend of residential and commercial potential in a thriving Indianapolis neighborhood. The land value is also assessed at $150 per square foot. This property is vacant and ready for immediate occupancy.

Property profile
Verified
Property type Flex space
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Owner on record
Zoning & alternative use
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 1718 15Th St?
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