8131 Castleton Rd Indianapolis, IN 46250-2035
This exceptional two-story, 3,456 square foot Class B medical office building, constructed in 2018, presents a unique leasing opportunity in Indianapolis' vibrant Castleton submarket. The entire 3,456 square feet is currently vacant and available, offering flexibility for a single tenant or the possibility of dividing the space into two 1,728 square foot units. Each level boasts separate entrances, ensuring convenient access and privacy for tenants. The building features excellent accessibility, including wheelchair ramps. Its strategic location near the intersection of 82nd Street and I-69 provides unparalleled access to major thoroughfares, simplifying commutes for both staff and clients. Situated in the thriving Castleton area, this property benefits from its proximity to a wide array of amenities, including the Fashion Mall at Keystone, Castleton Square, numerous restaurants, and hotels. This location offers a dynamic blend of business and leisure, creating an attractive environment for medical professionals and office tenants alike. The building is located in Marion County, Indiana, with a zip code of 46250. This presents a compelling opportunity for businesses seeking a high-visibility location within a bustling and established commercial area.
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McManus & Associates Law Firm Financial Advisor
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.