4477 10Th StIndianapolis, IN 46201

Property Details for 4477 10Th St

Year built

1985

Construction

TYPE NOT SPECIFIED

Lot size

0.52 AC

Property size (Sq ft)

6,210 SF

Zone code

ZO01

Property type

Retail properties

Property subtype

Strip malls

APN

49-10-04-110-007.000-101

APU

491004110007000101

Description

This exceptional retail opportunity at Linwood Square Shops in Indianapolis, Indiana, presents 1,095 square feet of available space within a thriving shopping center. Located at 4477 E 10th St, zip code 46201, this property benefits from its strategic position directly in front of a newly renovated Kroger, ensuring high foot traffic and visibility. An IndyGo bus stop is conveniently located directly in front of the center, further enhancing accessibility. The property is situated in a densely populated urban area, boasting a population of 18,880 within a one-mile radius, providing a substantial customer base. The limited availability of retail spaces in this market makes this a particularly attractive investment. The space offers flexibility, with additional spaces ranging from 964 to 2,059 square feet also available. A large pylon sign is included with the 964 square foot space, offering excellent branding opportunities. This property is ideal for businesses seeking high visibility and access to a significant consumer demographic in a rapidly developing area of Indianapolis. The property is classified as retail, with multiple tenancy options.

• CAP approach

  CAP return

  Valuation

  6%

  $1,187,359

  6.5%

  $1,096,024

  7%

  $1,017,736

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,476,281

  Geo Method

  $1,476,281

• Alternative Use

  Use

  Valuation

  Residential

  $924,537

  Hospitality

  $846,871

  Educational

  $704,587

  Medical

  $728,818

  Retail

  $1,096,024

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7812

Longitude

-86.0931

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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