Technical
Financial
Distress signals
Property profile

6314 Rucker Rd Indianapolis, IN 46220

FOR SALE
Office Spaces
Property ID
US31-1219353
0.28 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,920 square foot office condo is situated in the highly desirable Binford Boulevard submarket of Indianapolis, Indiana, at 6314 Rucker Road, near the intersection of 62nd Street. The property is part of the Binford Commons complex, a single-story, Class B building totaling 15,000 square feet, constructed in 1973. This versatile space, suitable for traditional, executive, medical, or creative office uses, features eight private offices of varying sizes, a spacious conference room, two large reception areas, a workshop, private restrooms, and storage. The building offers multiple tenancies and is conveniently located on the northeast side of Indianapolis, providing easy access to major thoroughfares and I-465. Its central location places it within a thriving business community, surrounded by a wealth of retail, restaurants, and residential options. This is an excellent opportunity to lease a well-appointed office space in a prime Indianapolis location. The property is zoned for office use. There are no elevators in this single-story building.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1973
Construction WOOD
Lot 0.28 ac (12,197 SF)
Zoning code ZO01
APN 49-02-33-111-018.000-800
UPID US31-1219353

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
  • Dental Office
  • Counselor Doctor
  • Counselor Family Counselor
  • Crisis Center Medical Clinic
  • Physician Medical Clinic

Location

6314 Rucker Rd Indianapolis, IN 46220
Indianapolis metro Census 320400 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2025
7 recorded transactions
2025
$64,609
2024
Price N/A
2024
$65,000
2022
Price N/A
2020
$20,000
2016
Price N/A
2007
Price N/A

Zoning & alternative use

ZO01 · Indianapolis, IN

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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