4445 10Th StIndianapolis, IN 46201

Property Details for 4445 10Th St

Year built

2002

Construction

TYPE NOT SPECIFIED

Lot size

1.46 AC

Property size (Sq ft)

65,495 SF

Zone code

ZO01

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

49-10-04-110-007.002-101

APU

491004110007002101

Description

Linwood Square offers exceptional retail opportunities in a thriving Indianapolis submarket. This Kroger-anchored center boasts a prime location at a signalized intersection, conveniently situated along an IndyGo bus route and less than three miles from downtown Indianapolis. Three spaces are currently available, ranging from 2,060 to 7,573 square feet, providing flexibility for various retail concepts. The center benefits from strong co-tenancy with established businesses such as Ross, CVS Pharmacy, and PNC Bank. This location enjoys a high population density, with nearly 20,000 people residing within a one-mile radius. The area demonstrates robust growth in income and consumer spending, creating a highly attractive market for retailers. The total vacant space amounts to 13,743 square feet, presenting a significant opportunity for businesses seeking high visibility and access to a substantial customer base in Marion County. The property is classified as multi-tenant retail space. This is an ideal location for businesses looking to capitalize on a dynamic and densely populated area with excellent accessibility and strong anchor tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $12,522,319

  6.5%

  $11,559,063

  7%

  $10,733,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,568,996

  Geo Method

  $15,568,996

• Alternative Use

  Use

  Valuation

  Residential

  $9,750,502

  Hospitality

  $8,931,408

  Educational

  $7,430,826

  Medical

  $7,686,384

  Retail

  $11,559,063

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7795

Longitude

-86.0935

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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