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Property profile & analytics
OFF-MARKET Estimated value $630,000
Office Spaces

3045 Meridian St Indianapolis, IN 46217-3284

6,860 SF 1.15 ac lot Built 1973
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-1073979
Property summary
AI-generated overview

This exceptional 1,680 square foot office space is ideally situated at 3045 S Meridian St in Indianapolis, Indiana, within Marion County. The property is classified as a traditional office building offering a single-tenant occupancy arrangement, perfect for a business seeking a dedicated and private workspace. Located in the 46217 zip code, this property provides convenient access to various amenities and transportation routes within the city. The building's single-tenant configuration ensures privacy and control over the entire space, eliminating the complexities of shared facilities. The 1,680 square feet provide ample room for various office layouts and configurations, catering to diverse business needs. This presents a unique opportunity for businesses seeking a well-located, self-contained office environment in a thriving Indianapolis neighborhood. The property's traditional office design offers a classic and professional atmosphere, suitable for a range of businesses. Its single-tenant status ensures exclusive use and control, minimizing potential disruptions and maximizing operational efficiency. The address, 3045 S Meridian St, provides excellent visibility and accessibility. This is an exceptional opportunity to secure a well-positioned, functional office space in a desirable Indianapolis location. Further details regarding lease terms and conditions are available upon request. Interested parties are encouraged to inquire promptly.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1973
Construction WOOD
Total area 6,860 SF
Lot 1.15 ac (50,246 SF)
APN 49-11-25-110-041.000-500
UPID US31-1073979
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
  • Klapper & Isaac: Isaac Ronald G Law Firm
  • Haggerty & Haggerty: Haggerty Jay J Law Firm
  • Wagner Law Office Law Firm
  • Nguyen Law, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k
Owner & transaction history
Meridian Place LLC · 2 yrs held
Meridian Place LLC
since 2024
Last sale
$630,000
4 recorded transactions
2024
$630,000
2024
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $545,000 +6.3%
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