5356 Hillside AveIndianapolis, IN 46220

Property Details for 5356 Hillside Ave

Year built

1965

Construction

TYPE NOT SPECIFIED

Lot size

0.62 AC

Property size (Sq ft)

5,760 SF

Property type

Office properties

APN

49-07-07-141-012.000-801

APU

490707141012000801

Description

This single-story, 5,252 square foot office building at 5356 Hillside Ave, Indianapolis, IN 46220, is available for $499,900 ($95.18/sq ft). Built in 1965, this vacant property sits on a 0.62-acre lot and is zoned C-1. The building offers ample parking with 24 spaces, and features generous floor plans adaptable to various business needs. Modern amenities include high-speed internet, advanced HVAC, energy-efficient lighting, and ample storage. The property boasts a professional atmosphere with a welcoming reception area and well-maintained common areas. Enhanced security features include surveillance cameras and secure access controls. Its prime location offers easy access to major highways, public transportation, and local amenities. The building's flexible layout allows customization to meet specific business requirements. Well-manicured landscaping provides a pleasant exterior environment.

• CAP approach

  CAP return

  Valuation

  6%

  $749,397

  6.5%

  $691,751

  7%

  $642,341

• Comparable approach

  Method

  Valuation

  Relative Method

  $543,638

  Geo Method

  $543,638

• Alternative Use

  Use

  Valuation

  Residential

  $857,772

  Hospitality

  $785,714

  Educational

  $653,705

  Medical

  $676,187

  Retail

  $1,016,875

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.8506

Longitude

-86.1256

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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