6910 Shadeland AveIndianapolis, IN 46220

Property Details for 6910 Shadeland Ave

Year built

1977

Construction

TYPE NOT SPECIFIED

Lot size

1.99 AC

Property size (Sq ft)

23,904 SF

Property type

Office properties

APN

49-02-35-100-002.000-400

APU

490235100002000400

Description

This exceptional two-story, Class B office building, located at 6910 N Shadeland Ave in Indianapolis, Indiana, offers 25,445 square feet of well-appointed space. Currently, 10,000 square feet is available for lease, divisible into units ranging from a minimum of 4,000 square feet to a maximum contiguous space of 6,000 square feet. The building, constructed in 1975, sits on a 1.99-acre lot and is zoned for commercial use within Marion County's North Shadeland submarket. Features include a convenient elevator, ensuring accessibility for all tenants and visitors. The building boasts multiple executive-level offices, smaller private offices, restrooms on both floors, and handicap-accessible doors. Additional amenities include well-equipped conference rooms and a spacious training room, ideal for collaborative work and professional development. The use of mirrored glass adds a touch of modern elegance to the space. This property presents a unique opportunity for businesses seeking high-quality office space in a desirable Indianapolis location. The building's size and layout offer flexibility for a variety of business needs, making it an attractive option for companies of various sizes. The convenient location in the North Shadeland submarket provides easy access to major transportation routes and local amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,250,061

  6.5%

  $3,000,056

  7%

  $2,785,767

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,968,638

  Geo Method

  $2,968,638

• Alternative Use

  Use

  Valuation

  Residential

  $3,720,070

  Hospitality

  $3,407,564

  Educational

  $2,835,054

  Medical

  $2,932,555

  Retail

  $4,410,083

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.8818

Longitude

-86.0466

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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