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Property profile & analytics
OFF-MARKET
Office Spaces

8007 Meridian St Indianapolis, IN 46217-2922

3,135 SF 0.29 ac lot Built 1973
Entity Owned 4-yr Hold Free & Clear
Property ID
US31-0730369
Property summary
AI-generated overview

This single-story, 2,376-square-foot office building is located at 8007 S Meridian Street in Indianapolis, Indiana, zip code 46217. The property, built in 1971 and renovated in 2021, sits on a 0.284-acre lot (9,078 square feet) and is zoned C-1. The building features three suites in a traditional office configuration, with 500 square feet currently vacant. Thirteen parking spaces are available on-site. The building is classified as Class C and lacks elevators. Utilities include power. The convenient location is near the intersection of Stop 11 Road and Meridian Street, within the Indianapolis South submarket. This property is ideal for a variety of businesses seeking efficient and accessible office space. The building's layout is functional and adaptable, making it suitable for various professional services. The recent renovation ensures modern amenities and a well-maintained environment. This is a fantastic opportunity to establish or expand your business in a thriving South Indianapolis location.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1973
Construction WOOD
Total area 3,135 SF
Lot 0.29 ac (12,496 SF)
Zoning code ZO01
APN 49-14-13-122-015.000-500
UPID US31-0730369
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
  • Steckbeck Family Dentistry Dental Office
  • Schreckengast & Helm Law Firm
  • Anesthesia Patient Safety Medical Clinic
  • Leo IT Services Inc. IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Santis Environmental Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lts LLC · 4 yrs held
Lts LLC
since 2021
3 recorded transactions
2021
Price N/A
2019
Price N/A
2019
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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