Property profile

450 96Th St Unit 500 500 Indianapolis, IN 46240

FOR LEASE
Commercial land
Property ID
US31-0032801
0.1 ac lot
Entity Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This Hamilton County, Indiana office property at 450 E 96th St, Indianapolis, IN 46240 offers a diverse range of flexible workspace solutions. The property caters to various business needs, providing traditional office spaces, executive suites, coworking areas, medical offices, and creative office environments. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. Options range from fully furnished and equipped private offices tailored to individual requirements, including serviced, custom, disaster recovery, and day offices. Coworking spaces offer shared office or open-plan areas, with options for daily or hot desk reservations. Meeting rooms are available for various needs, from informal chats to formal presentations and conferences. Virtual office options include prestigious business addresses, mail handling, and virtual assistant services, with varying levels of office access. Flexible working plans provide access to a global network of workspaces, offering private offices or coworking spaces on a variety of membership plans. The property's location in Indianapolis provides convenient access to various amenities and transportation options. Inquire today to explore the possibilities and find the perfect workspace to suit your business needs.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.1 ac (4,356 SF)
APN 29-13-11-417-001.000-018
UPID US31-0032801

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • IT Consulting Firm Tech Support Center
  • Marketing & Advertising

Location

450 96Th St Unit 500, Unit 500 Indianapolis, IN 46240
Indianapolis metro Census 111104 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$130k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2008
1 recorded transaction
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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