3815 River Crossing PkwyIndianapolis, IN 46240

Property Details for 3815 River Crossing Pkwy

Year built

1999

Construction

CONCRETE

Lot size

4.43 AC

Property size (Sq ft)

63,360 SF

Property type

Parking lots & garages

APN

49-02-17-106-008.000-800

APU

490217106008000800

Description

This Class A office building, located at 3815 River Crossing Parkway Suite 100, Indianapolis, IN 46240, offers 16,142 square feet of versatile workspace. The property features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available for lease. Renovated in 2019, the building includes elevators and caters to various business needs, including executive offices, coworking spaces, and creative office layouts. Tenancy is multiple, allowing for flexibility in lease terms and space configurations. The building is situated in Marion County and provides a range of options from private, fully furnished offices tailored to individual company needs, to shared coworking spaces and meeting rooms. Virtual office solutions are also available, including mail handling and virtual assistant services. Flexible working plans offer access to a global network of workspaces. This prime location provides an inspiring and collaborative work environment for businesses of all sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $12,661,881

  6.5%

  $11,687,890

  7%

  $10,853,041

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,829,070

  Geo Method

  $19,829,070

• Alternative Use

  Use

  Valuation

  Residential

  $9,859,173

  Hospitality

  $9,030,949

  Educational

  $7,513,644

  Medical

  $7,772,050

  Retail

  $11,687,890

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.9173

Longitude

-86.1016

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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