70 91St StIndianapolis, IN 46240

Property Details for 70 91St St

Year built

1977

Construction

TYPE NOT SPECIFIED

Lot size

2.34 AC

Property size (Sq ft)

27,200 SF

Zone code

ZO01

Property type

Office properties

APN

49-03-14-101-025.000-800

APU

490314101025000800

Description

This 964-square-foot traditional office space, available as a sublease, is ideally situated on the first floor of a building at 70 E. 91st Street. Its convenient location offers effortless access for clients and employees, boasting a ground-floor presence for excellent visibility. The space is a single-tenant occupancy within a Class B building, and is described as move-in ready, meaning it's immediately available for use. Furniture is negotiable, allowing for customization to suit the specific needs of the incoming tenant. A significant advantage is its proximity to major transportation arteries: it's located just three minutes from I-465 and North Meridian Street, ensuring easy commuting for staff and clients. This presents a unique opportunity for businesses seeking a quick and efficient setup in a desirable location, minimizing the time and resources required for establishing a new office space. The sublease offers a blend of convenience and privacy, making it an attractive option for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $4,011,660

  6.5%

  $3,703,070

  7%

  $3,438,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,568,320

  Geo Method

  $2,568,320

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $7,826,460

  Retail / Commercial

  $3,908,450

  Mixed-Use / Specialty

  $3,811,830

  Hospitality / Lodging

  $2,688,970

  Institutional / Educational

  $3,933,220

  Residential Income

  $4,601,860

  Multifamily

  $5,977,600

  Automotive / Energy

  $3,371,330

  Parking / Income-Based Land

  $1,245,090

  Restaurant / Food Service

  $1,806,100

  Healthcare / Senior Housing

  $3,993,750

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.9202

Longitude

-86.156

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].