47 Meridian StIndianapolis, IN 46204

  • Office properties
  • 58,971 SF
For Lease
$10.92/SF/YR View listing

Property Details for 47 Meridian St

Year built
1910
Construction
WOOD
Lot size
0.30 AC
Property size (Sq ft)
58,971 SF
Zone code
ZO01
Property type
Office properties
Property subtype
Other office properties
APN
49-11-12-237-049.000-101
APU
491112237049000101

Description

This exceptional office space in Indianapolis, Indiana, offers a diverse range of flexible work solutions within a vibrant, centrally located building at 47 S Meridian St, zip code 46204, in Marion County. The property caters to various business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for a variety of lease options to suit different company sizes and structures. Businesses can choose from fully furnished and equipped private offices, scalable from single-person setups to large corporate spaces, tailored to specific requirements. These offices include a benefits program with exclusive discounts and procurement support. Additionally, the location offers coworking options, ranging from dedicated desks to hot-desking arrangements, fostering collaboration and community. A comprehensive suite of meeting rooms is available for various needs, from informal chats to large-scale conferences. For businesses seeking a prestigious address and administrative support, virtual office options are also provided, including mail handling and virtual assistant services. Flexible working plans offer access to a global network of workspaces, providing ultimate flexibility and convenience. Whether your needs are for a small office or a large corporate space, this property offers a solution. Inquire today to explore the possibilities and find the perfect workspace to meet your business objectives.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,991,330
    6.5%
    $7,376,612
    7%
    $6,849,711
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,008,635
    Geo Method
    $6,008,635
  • Alternative Use

    Use
    Valuation
    Residential
    $9,146,998
    Hospitality
    $8,378,602
    Educational
    $6,970,898
    Medical
    $7,210,638
    Retail
    $10,843,619
47 Meridian St, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7658
Longitude
-86.1576
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
$90,670
$1,306,300
$1,962,500
$3,268,800
-
$1,306,300
$1,962,500
$3,268,800

FAQs

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