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Property profile & analytics
OFF-MARKET
Office Spaces

3416 Post Rd Indianapolis, IN 46239-8316

4,240 SF 0.73 ac lot Built 1979
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US31-0877595
Property summary
AI-generated overview

This exceptional 12.13-acre commercial and industrial land parcel presents a compelling investment opportunity in Indianapolis, Indiana. Strategically located on South Post Road with direct frontage on Interstate 74, this property offers unparalleled access to major transportation arteries. The site currently features five existing buildings, providing a blend of office and warehouse space, along with a substantial concrete parking area accommodating cars and trucks. Zoned C-7, approximately four acres are suitable for retail, gas station, or convenience store development. The property's location on the near-southeast side of Indianapolis benefits from a strong local economy and proximity to a growing consumer base. This makes it ideal for investors seeking to capitalize on Indianapolis's dynamic market. The existing buildings offer immediate income potential or redevelopment opportunities, while the expansive lot size allows for significant future expansion. The combination of existing infrastructure, prime location, and flexible zoning makes this a truly unique and valuable asset. The property is located in Marion County, Indiana, with a zip code of 46239.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1979
Construction WOOD
Total area 4,240 SF
Lot 0.73 ac (31,841 SF)
APN 49-09-30-109-001.000-300
UPID US31-0877595
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
  • Tight Dentures Indianapolis Dr. Jim Wines Dental Office
  • Smile Designs by Dr. Jim Wines Dental Office
  • Brian C Ruley Md Pediatrician Physician
  • ABATE Indy East Rider Course Charitable Organization Social Service Agency
  • Ruley Michael R MD Pediatrician Physician
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
Tom Wood Land & Cattle LLC · 13 yrs held
Tom Wood Land & Cattle LLC
since 2013
1 recorded transaction
2013
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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