6801 Lake Plaza DrIndianapolis, IN 46220

Property Details for 6801 Lake Plaza Dr

Year built

1979

Construction

WOOD

Lot size

4.72 AC

Property size (Sq ft)

40,284 SF

Zone code

ZO01

Property type

Office properties

Property subtype

Other office properties

APN

49-02-34-121-001.000-400

APU

490234121001000400

Description

Lake Plaza Business Center offers 40,000 square feet of Class B office space in Indianapolis, Indiana. This multi-tenant building, constructed in 1979, provides flexible layouts and interiors suitable for executive, creative, or medical office uses. One suite of 2,813 square feet is currently available. Each suite features convenient private entrance parking. The property enjoys a prime location off Binford Boulevard and Fall Creek Parkway, with easy access to I-69 and I-465. Its strategic position between 62nd and 71st Streets places it near a variety of amenities, including restaurants, shopping centers, gas stations, and convenience stores. The area also offers proximity to the Fashion Mall at Keystone, Broad Ripple Village, and the Monon Trail. This well-maintained building benefits from local ownership and property management. The location provides excellent access to major thoroughfares and a vibrant mix of dining, retail, and recreational options, making it an ideal location for businesses seeking a thriving Indianapolis address. The zip code is 46220.

• CAP approach

  CAP return

  Valuation

  6%

  $5,948,987

  6.5%

  $5,491,372

  7%

  $5,099,132

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,002,870

  Geo Method

  $5,002,870

• Alternative Use

  Use

  Valuation

  Residential

  $6,809,302

  Hospitality

  $6,237,284

  Educational

  $5,189,347

  Medical

  $5,367,816

  Retail

  $8,072,318

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.8798

Longitude

-86.0688

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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