Financial
Distress signals
Property profile

9240 N Meridian St Indianapolis, IN 46260

FOR SALE
Medical Office Space
Property ID
US31-0554179
34,882 SF 3.11 ac lot Built 1978
Last sale May 2019 · $3,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
9240 N Meridian St, Indianapolis, IN 46260 For Sale
Contact for pricing 34,882 SF
9240 N Meridian St, Indianapolis, IN 46260
View Listing

Property summary

AI-generated overview

The property is an office space located at 9240 N Meridian St in Indianapolis, Indiana, configured for office use and containing 3,001 square feet of interior space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$68k
Tax billed · 2023
Assessed value$2.70M
Assessed land$1.29M
Assessed improvement$1.41M
Effective rate2.54%

Value estimate

· Sep 2026
$515k
$464k – $567k
AI approach$595k
Submarket $/SF estimate$432k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply22.7
Wholesale Shop19.6
Restaurant18.6

Location

9240 N Meridian St Indianapolis, IN 46260
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 17 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
8414 Naab, Indianapolis, IN 46260-1972 $26,340,601 Dec 2024 88,896 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message