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Property profile & analytics
OFF-MARKET Estimated value $970,000
Theaters & concert halls

6601 Grandview Dr Indianapolis, IN 46260-4477

26,696 SF 8.64 ac lot Built 1970
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-0946577
Property summary
AI-generated overview

This exceptional 72,196 square foot office building is strategically located at 6601 Grandview Drive in Indianapolis, Indiana. Situated on a generous 8.64-acre lot, this property presents a significant opportunity for businesses seeking a substantial and well-positioned office space. The building's ample size allows for flexible configurations to suit a variety of operational needs, from large corporate headquarters to multiple tenant occupancy. The expansive lot offers ample parking and potential for future expansion or development. The property's prime location in Indianapolis provides easy access to major transportation arteries, ensuring convenient commutes for employees and clients. This presents a rare chance to acquire a significant commercial property in a thriving Indianapolis market. The asking price for this impressive office building is $6,950,000. Detailed floor plans and specifications are available upon request. Serious inquiries only. This is a turnkey opportunity to establish a strong presence in a desirable Indianapolis location. The property's size and location make it an ideal investment for long-term growth and profitability. Don't miss this chance to secure a premier commercial asset in a dynamic and expanding city. Further information regarding the property's history and potential uses can be provided upon request. All interested parties are encouraged to conduct their own due diligence.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1970
Construction TYPE NOT SPECIFIED
Total area 26,696 SF
Lot 8.64 ac (376,250 SF)
APN 49-03-33-138-013.000-800
UPID US31-0946577
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Academy for Young Achievers High School Daycare Center
  • Christ Church Apostolic Church
  • Destiny-schools Training Center
  • ACADEMY FOR YOUNG ACHIEVERS Daycare Center
  • Harvest Time Food Pantry - Food Distribution Center Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$970k
Owner & transaction history
Christ Church Apostolic INC · 2 yrs held
Christ Church Apostolic INC
since 2024
3 recorded transactions
2024
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.6M +60.2%
Retail stores $1.6M +58.9%
Office building $1.3M +32.0%
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