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Property profile & analytics
OFF-MARKET Estimated value $535,000
Showrooms

8070 Castleton Rd Indianapolis, IN 46250-2005

4,775 SF 6.22 ac lot Built 2015
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US31-0133961
Property summary
AI-generated overview

RISE Commercial District at 8070 Castleton Rd, Indianapolis, IN 46250 offers a diverse range of commercial spaces perfect for small businesses. This single-story building features 195 suites, providing a vibrant and collaborative environment. The property offers three distinct space types: traditional office, flex space, and warehouse units, catering to a variety of business needs. Units are available in sizes ranging from a minimum of 100 square feet to a maximum contiguous space of 2,500 square feet, ensuring flexibility for businesses of all sizes. The building provides on-site power. Located in Marion County, this property offers a secure and all-inclusive solution for maximizing productivity and profitability. The multiple tenancy structure fosters a community of like-minded entrepreneurs. Whether your business requires dedicated office space, flexible workspace, or warehouse storage, RISE Commercial District provides a tailored solution within a shared facility. This prime location in Indianapolis offers easy access to key transportation routes and amenities, making it an ideal choice for businesses seeking a thriving and supportive environment. Contact us today to explore the available spaces and find the perfect fit for your business.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2015
Construction METAL FRAME
Total area 4,775 SF
Lot 6.22 ac (271,001 SF)
Zoning code ZO01
APN 49-02-22-117-001.000-400
UPID US31-0133961
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
  • Moves For Less of Indianapolis Moving Company
  • JL Customs Auto Parts Store
  • Lifeway Mobility General Contractor Construction Company
  • Patriot Distributing Midwest Inc Auto Parts Store
  • The Smart Pergola General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$571k
Blend (final) Blend
$535k
Owner & transaction history
Css V LLC · 7 yrs held
Css V LLC
since 2018
7 recorded transactions
2022
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2016
Price N/A
2009
Price N/A
2008
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $380,000 +6.3%
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