8355 Rockville RdIndianapolis, IN 46234

Property Details for 8355 Rockville Rd

Year built

1985

Construction

TYPE NOT SPECIFIED

Lot size

2.86 AC

Property size (Sq ft)

33,966 SF

Zone code

ZO01

Property type

Office properties

Property subtype

Other office properties

APN

49-12-09-132-007.001-900

APU

491209132007001900

Description

This exceptional two-story Class B office building, totaling 33,800 square feet, is situated on a 2.86-acre lot at the highly visible southwest corner of Rockville Road and Country Club Road in Indianapolis, Indiana. Built in 1985, the property offers convenient access to I-465, ensuring effortless commutes for tenants and clients. The building features one structure with elevators, providing easy access to all floors. Currently, there are multiple tenancies available, with a minimum divisible space of 719 square feet and a maximum contiguous space of 860 square feet. A total of 1,579 square feet of vacant space is immediately available for lease. This presents a unique opportunity for businesses seeking flexible, executive-style office suites in a desirable location. The property's location in Marion County, Indiana, zip code 46234, offers excellent visibility and accessibility. This is an ideal space for businesses seeking a professional and convenient office environment on the emerging west side of Indianapolis. The building's strategic location and flexible space options make it an attractive proposition for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $4,189,860

  6.5%

  $3,867,563

  7%

  $3,591,309

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,923,793

  Geo Method

  $2,923,793

• Alternative Use

  Use

  Valuation

  Residential

  $4,795,778

  Hospitality

  $4,392,908

  Educational

  $3,654,847

  Medical

  $3,780,543

  Retail

  $5,685,318

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7633

Longitude

-86.3091

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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