6366 Guilford AveIndianapolis, IN 46220

Property Details for 6366 Guilford Ave

Year built

1968

Construction

WOOD

Lot size

0.34 AC

Property size (Sq ft)

8,088 SF

Zone code

ZO01

Property type

Office properties

APN

49-03-36-125-045.000-801

APU

490336125045000801

Description

This exceptional 8,616-square-foot office space, located at 6366 Guilford Ave in Indianapolis, Indiana (zip code 46220), presents a unique opportunity for businesses seeking a prominent presence in the vibrant Broad Ripple area. The property boasts a recently remodeled exterior with a clean, whitebox design, offering excellent branding potential through exterior signage. Ample parking is provided with 24 on-site spaces. The single-tenant occupancy allows for complete customization and control. The building's versatile layout includes the potential for a unique lower-level retail space, adding significant flexibility for diverse business needs. An outdoor patio is also a possibility, enhancing the property's appeal and functionality. This traditional office space, also suitable for executive offices, is offered at a full-service rate of $30 per square foot. Situated in Marion County, this property benefits from easy access to major transportation routes and a thriving local community. The combination of modern aesthetics, ample parking, and flexible space makes this an ideal location for a variety of businesses seeking a high-profile, well-equipped office environment. Don't miss this chance to secure a prime commercial space in a highly desirable Indianapolis neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,052,206

  6.5%

  $971,267

  7%

  $901,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $763,263

  Geo Method

  $763,263

• Alternative Use

  Use

  Valuation

  Residential

  $1,204,371

  Hospitality

  $1,103,198

  Educational

  $917,847

  Medical

  $949,414

  Retail

  $1,427,763

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.8723

Longitude

-86.1433

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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