3450 86th St Indianapolis, IN 46268-1929
- Retail space
- 5,120 SF
- 0.68 lot acres
Sep 07, 2021
Current Use by Public Records
- Chicken Salad Chick / Takeout Restaurant / Salad Shop
- Einstein Bros. Bagels / Cafe / Coffee Shop
Property Details for 3450 86th St
- Year built
- 1997
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.68 lot acres
- Property size
- 5,120 SF
- Zone code
- ZO01
- Property type
- Retail space
- APN
- 49-03-17-102-046.000-600
- APU
- 490317102046000600
Description
Pyramid Place offers 50,000 square feet of retail space in a well-tenanted shopping center located in Marion County. Four suites are currently available, ranging from 1,200 to 2,400 contiguous square feet, with a total of 10,900 square feet of vacant space. This prime location boasts excellent visibility and accessibility, situated directly on 86th Street, a high-traffic retail corridor. The property benefits from its proximity to major roadways, being just one mile south of the Michigan Road exit on I-465, ensuring convenient access for customers and employees. Furthermore, its strategic location places it within close proximity to several significant traffic generators, including St. Vincent Hospital, Brebeuf Jesuit Preparatory School, Pyramids Office Center, Parkstone Office Center, and Park 100 Industrial and Office Park, creating a strong customer base and high foot traffic. The available spaces offer storefront opportunities, providing excellent visibility for businesses seeking to establish a presence in this thriving retail area. This is an exceptional opportunity for businesses seeking a well-located, high-traffic retail space in a successful shopping center. The minimum divisible space is 1,200 square feet.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $280,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $314,000
Market price range: $116k - $345k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $385,000 Current use
- AUTO REPAIR, GARAGE
- $410,000 Change: +7% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $385,000 Change: +0% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $320,000 Change: -16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.2199
- Latitude
- 39.9121
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA