Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

3450 86th St Indianapolis, IN 46268-1929

  • Retail space
  • 5,120 SF
  • 0.68 lot acres
OFF-MARKET
Last Sale
Sep 07, 2021
Value Estimations
$295,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-0480598
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,107
$293,500
$397,000
$690,500
-
$293,500
$397,000
$690,500
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