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    Property profile & analytics

    8923 Meridian St Indianapolis, IN 46217-6065

    • Strip malls
    • 41,445 SF
    • 3.75 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 27, 2023
    Location Intelligence
    Property ID
    US31-0503509
    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

    • Escapology Escape Rooms Greenwood / Escape Room Center
    • Legends Barber Shop / Barber Shop / Hair Salon
    • Queen Nails / Nail Salon
    • CoinFlip Bitcoin ATM / Bank / Business Banking Service
    • Prodigy Burger Bar / Restaurant / Bar

    Property Details for 8923 Meridian St

    Year built
    1993
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.75 lot acres
    Property size
    41,445 SF
    Zone code
    ZO01
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    49-14-24-117-082.000-500
    APU
    491424117082000500

    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
    -86.1578
    Latitude
    39.6361
    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
    $89,313
    $718,700
    $2,477,900
    $3,196,600
    -
    $718,700
    $2,477,900
    $3,196,600

    Comparable in this City

    • Value Estimation by Request
      13,200 SF

      4202 Meridian St

      SHOPPING CENTER, STRIP CENTER • 13,200 SF
      4202 Meridian St, Indianapolis, IN 46217-3476
      View Details
    • Value Estimation by Request
      10,300 SF

      1330 Southport Rd

      SHOPPING CENTER, STRIP CENTER • 10,300 SF
      1330 Southport Rd, Indianapolis, IN 46217-5301
      View Details
    • Value Estimation
      $2,665,000
      14,576 SF

      6845 Blf Rd

      SHOPPING CENTER, STRIP CENTER • 14,576 SF
      6845 Blf Rd, Indianapolis, IN 46217-3926
      View Details
    • Value Estimation by Request
      14,416 SF

      8011 Meridian St

      WHOLESALE OUTLET, DISCOUNT STORE • 14,416 SF
      8011 Meridian St, Indianapolis, IN 46217-4252
      View Details
    • Value Estimation by Request
      1,624 SF

      7110 Meridian St

      RETAIL STORES (PERSONAL SERVICES) • 1,624 SF
      7110 Meridian St, Indianapolis, IN 46217-4042
      View Details
    • Value Estimation by Request
      60,000 SF

      5970 Belmont Ave

      SHOW ROOM, WAREHOUSE • 60,000 SF
      5970 Belmont Ave, Indianapolis, IN 46217-9757
      View Details

    Similar Nearby for Sale

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      Indianapolis Land Parcel For Sale

      8.68 acre residential land parcel, 14 minutes from downtown Indianapolis.
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    • $950,000

      High-Traffic Indy Commercial Land

      1.36 Acres, Prime Southside Location
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      Indianapolis Development Land For Sale

      5.84 acres of multifamily or commercial development ground.
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    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space Near Future I-69

      Retail spaces available near Southport Road and future I-69.
      1330-1350 W Southport Rd, Indianapolis, IN 46217
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space Near Carson Square

      10,226 SF retail space in densely populated area.
      3141 E Thompson Rd, Indianapolis, IN 46217
      View Details
    • Contact for pricing
      653,400 SF

      I-69 Retail Center Opportunity

      Indianapolis Retail Space - Lease/Build Available
      2201 Southport Rd, Indianapolis, IN 46217
      View Details
    • Contact for pricing
      900 SF

      High-Traffic Retail/Automotive Opportunity

      Retail or automotive property with high visibility and ample parking.
      1240 E Stop 11 Rd, Indianapolis, IN 46217
      View Details
    • Contact for pricing

      Premier Outlot Shop Space Available

      1,600 - 8,000 SF shop space for rent.
      7125 Wellingshire Blvd, Indianapolis, IN 46217
      View Details
    • Contact for pricing
      1,524 SF

      Prime Office Space Available

      Highly visible office space with convenient highway access.
      8902-9002 N Meridian St, Indianapolis, IN 46217
      View Details

    Property Visit Statistics

    • Visits by month
      31.0k
    • Visitors by month
      20.1k
    • Avg Time on site
      19 min
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    8923 Meridian St
    Indianapolis, IN 46217-6065
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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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