2326 44Th StIndianapolis, IN 46205

Property Details for 2326 44Th St

Year built

1965

Lot size

0.13 AC

Property size (Sq ft)

4,800 SF

Zone code

ZO01

Property type

Retail properties

Property subtype

Retail space

APN

49-07-18-103-671.000-801

APU

490718103671000801

Description

This exceptional 3,400 square foot flex space, located at 2326 E 44th St in Indianapolis, Indiana (zip code 46205), presents a unique opportunity for businesses seeking a versatile and strategically located property. The building, zoned I2, offers a total of 4,240 square feet, with this single available unit comprising the entire 3,400 square foot contiguous space. The property boasts a highly visible location, enhanced by a prominent billboard situated atop the building, ensuring excellent exposure. The interior layout is adaptable and includes a private office, a full bathroom with a shower, a full kitchen, and two additional restrooms. The open space allows for customization to suit various business needs, with the potential for additional office conversions. Practical features include a washer/dryer hookup. Access is facilitated by two (2) convenient overhead doors. This property's prime location offers easy access to major thoroughfares, including Keystone and Fall Creek Parkway, providing excellent connectivity and accessibility for employees and clients. This is an exceptional opportunity to secure a well-appointed and strategically positioned flex space in a thriving Indianapolis neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $917,906

  6.5%

  $847,298

  7%

  $786,777

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,141,403

  Geo Method

  $1,141,403

• Alternative Use

  Use

  Valuation

  Residential

  $714,728

  Hospitality

  $654,687

  Educational

  $544,692

  Medical

  $563,424

  Retail

  $847,298

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.8368

Longitude

-86.1226

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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