8007 Meridian St Indianapolis, IN 46217-2922
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.