5011 16th St Indianapolis, IN 46201-1875
Property profile & analytics
5011 16th St Indianapolis, IN 46201-1875
- Commercial land
- 0.10 lot acres
Property ID
US31-1084514
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.
Location Intelligence
Current Use by Public Records
- Speedway United Methodist Church Child Care Ministry / Daycare Center
Property Details for 5011 16th St
- Lot size
- 0.10 lot acres
- Property type
- Commercial land
- APN
- 49-07-33-167-012.000-101
- APU
- 490733167012000101
Description
This 4,813-square-foot office building, located at 5011 W 16th St, Speedway, IN 46224, presents a unique investment opportunity. Priced at $950,000, this Class C property sits on a 0.56-acre lot and offers exceptional versatility. Built in 1970 and renovated in 2004, the single-story building features three separate entrances, ideal for multi-tenant occupancy or a single large user. Currently vacant, the property boasts ample parking with 20 spaces on the west side and additional potential for rear parking expansion. Its location near the Indianapolis Motor Speedway benefits from the area's revitalization, including new residential, dining, and motorsports-related businesses. Previously used as a financial services office and a daycare center, the 4,813 square feet of net rentable space provides adaptability for various business needs. The property is zoned ZO01 and includes one building with a total of 4,813 square feet. This presents a strong opportunity for an owner-user or investor seeking a flexible and well-located property in a thriving area. The property's history includes use as a financial services company and a daycare center, demonstrating its adaptability to diverse business models.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.0854
- Latitude
- 39.7886
- 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
$266
$9,600
$0.00
$9,600
-
$9,600
$0.00
$9,600
