8520 Westfield BlvdIndianapolis, IN 46240

Property Details for 8520 Westfield Blvd

Year built

1998

Construction

WOOD FRAME

Lot size

0.33 AC

Property size (Sq ft)

10,216 SF

Zone code

ZO01

Property type

Turn key restaurants

APN

49-03-24-113-020.000-800

APU

490324113020000800

Description

This exceptional 0.65-acre retail outlot at 8520 Westfield Blvd in Indianapolis, Indiana, presents a unique opportunity for businesses seeking high visibility and accessibility. Located in Marion County, within the C-4 zoning district, this single-tenant parcel is situated in a thriving retail area, boasting proximity to major traffic generators such as Whole Foods, West Elm, Starbucks, Chipotle, and Kroger. The site benefits from a strong customer base and high traffic counts, ensuring maximum exposure for your business. Its strategic location offers convenient access to major roadways and ample parking, making it easily accessible for customers. Ideal for a variety of retail, restaurant, or service-oriented businesses, this property provides an unparalleled opportunity to establish a strong presence in one of Indianapolis' most desirable trade areas. The 0 total building square footage allows for complete customization to suit your specific business needs. This is a rare chance to secure a premium location in a dynamic and highly sought-after retail environment. Don't miss this chance to capitalize on this prime real estate opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,954,900

  6.5%

  $1,804,523

  7%

  $1,675,629

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,432,179

  Geo Method

  $2,432,179

• Alternative Use

  Use

  Valuation

  Residential

  $1,522,183

  Hospitality

  $1,394,311

  Educational

  $1,160,051

  Medical

  $1,199,946

  Retail

  $1,804,523

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.9117

Longitude

-86.1345

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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