1099 Meridian StIndianapolis, IN 46204

  • Office properties
  • 106,722 SF
For Lease
$21/SF/YR View listing

Property Details for 1099 Meridian St

Year built
1983
Construction
CONCRETE
Lot size
2.74 AC
Property size (Sq ft)
106,722 SF
Property type
Office properties
APN
49-06-36-135-011.000-101
APU
490636135011000101

Description

Landmark Center, located at 1099 N Meridian St, Indianapolis, IN 46204, offers a variety of office spaces within its 286,517 square foot building. This prime location in the Indianapolis Central Business District (CBD) provides exceptional accessibility and visibility. The building offers multiple tenancy options, catering to businesses of various sizes. Currently, there are 21,738 square feet of vacant space available, divisible into units ranging from a minimum of 2,075 square feet to a maximum contiguous space of 11,044 square feet. The building's classification includes Traditional Office, Executive Office, and Coworking spaces, ensuring flexibility to accommodate diverse business needs. Recent renovations have enhanced the building's appeal and functionality. This Marion County property presents a unique opportunity for businesses seeking modern, well-located office space in the heart of Indianapolis. The building's impressive size and diverse space options make it an ideal location for companies looking to establish or expand their presence in the vibrant Indianapolis CBD. The address is easily accessible and offers convenient access to major transportation routes and amenities. Contact us today to learn more about the available spaces and explore the possibilities of making Landmark Center your new business address.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,466,613
    6.5%
    $13,353,796
    7%
    $12,399,954
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,880,571
    Geo Method
    $10,880,571
  • Alternative Use

    Use
    Valuation
    Residential Income
    $16,558,708
    Hospitality / Lodging
    $15,167,687
    Institutional / Educational
    $12,619,338
    Healthcare / Senior Housing
    $13,053,336
    Retail / Commercial
    $19,630,080

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7818
Longitude
-86.1566
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$607,110
$4,659,900
$20,131,000
$24,790,900
-
$4,659,900
$20,131,000
$24,790,900

FAQs

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