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    Property profile & analytics

    8909 Purdue Rd Indianapolis, IN 46268

    • Office Properties & Spaces
    • 179,586 SF
    • 10.23 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US31-3529469
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Construction Family Assistance Foundation, Inc. / Association / Organization
    • Shuttle America Corporation / Airline
    • Build Your Future Indiana. / Construction Company
    • Medical Decision Modeling Inc / Medical Clinic
    • Usda National Appeals TDD / Government

    Property Details for 8909 Purdue Rd

    Year built
    1997
    Construction
    TYPE NOT SPECIFIED
    Lot size
    10.23 lot acres
    Property size
    179,586 SF
    Zone code
    ZO01
    Property type
    Office Properties & Spaces
    APN
    49-03-17-102-034.000-600
    APU
    490317102034000600

    Description

    College Park Plaza, located at 8909 Purdue Rd in Indianapolis, Indiana, presents a unique opportunity for businesses seeking premium office space in the northwest submarket. This Class A building, constructed in 1998, boasts a total of 181,000 square feet, with 31,000 square feet currently available for lease. The property sits on a generous 10-acre lot and offers flexible tenancy options, accommodating businesses of various sizes. Currently, there are four available spaces ranging from 2,286 to 25,704 square feet. The building features attractive 10'9" ceilings and ample parking with 720 spaces available. Tenants enjoy a range of on-site amenities, including a state-of-the-art fitness center complete with showers, a convenient conference/training room, and expansive outdoor patio areas perfect for relaxation or informal meetings. The property is zoned C4 and provides a highly desirable location within the northwest submarket of Indianapolis. This is an exceptional opportunity to secure high-quality office space in a well-maintained and amenity-rich building. Contact us today to learn more about available suites and lease terms.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.22
    Latitude
    39.917
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $397,424
    $2,390,100
    $14,647,000
    $17,037,100
    -
    $2,390,100
    $14,647,000
    $17,037,100

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      9,290 SF

      9192 Waldemar Rd

      OFFICE (GENERAL) • 9,290 SF
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    Indianapolis, IN 46268
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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