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Property profile & analytics
FOR SALE
Office buildings

1800-1812 N Meridian St Indianapolis, IN 46202

84,000 SF
Property ID
US31-Q002277
Property summary
AI-generated overview

- Two office buildings, Parking Garage and Parking Lot - The 1800 Building is a 6 story 72,000 SF Class B Office Building plus a basement with a Conference Center and Lunch Room. It has a new roof and new air conditioners in 2023 - The 1812 Building has 12,000 SF on two floors - Located on the New Mass Transit System Red Line with a Shelter/Stop at the 1800 Building - Within walking distance to IU Health Methodist Hospital and the $4.3 Billion Dollar expansion of IU Health - Hundreds of New Apartments are under construction next door, across the street, and nearby. - Easy access from Meridian and 18th Street - The property is located inside the North Meridian TIF District and a Qualified Opportunity Zone

Property profile
Verified
Property type Office buildings
Total area 84,000 SF
UPID US31-Q002277
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
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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