8440 Woodfield Crossing BlvdIndianapolis, IN 46240

  • Office properties
  • 125,458 SF
For Lease
$22.50/SF/YR View listing

Property Details for 8440 Woodfield Crossing Blvd

Year built
1987
Construction
TYPE NOT SPECIFIED
Lot size
7.10 AC
Property size (Sq ft)
125,458 SF
Zone code
ZO01
Property type
Office properties
APN
49-02-19-122-004.000-800
APU
490219122004000800

Description

This exceptional Class A office building, located at 8440 Woodfield Crossing Blvd in Indianapolis, Indiana, offers a prime opportunity for businesses seeking flexible and modern workspace. Built in 1987, the property boasts a total of 119,983 square feet, with 63,641 square feet currently available for lease. The building is situated in the desirable Keystone Crossing submarket of Marion County, offering convenient access to major thoroughfares and amenities. Suites range from a minimum of 1,500 square feet to a maximum contiguous space of 25,000 square feet, catering to a variety of business needs and sizes. The property features ample parking, with a ratio of 4.7 spaces per 1,000 square feet. The building's traditional office layout is complemented by executive office suites, providing a versatile and professional environment. This is an ideal location for companies seeking a prestigious address and a highly functional workspace in a thriving Indianapolis business district. The property is classified as both Traditional Office and Executive Office space, offering a variety of options to suit diverse business requirements. The building's convenient location and ample parking make it an attractive option for employees and clients alike. Contact us today to learn more about leasing opportunities in this exceptional Indianapolis office building. Zip code: 46240.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,351,206
    6.5%
    $16,016,497
    7%
    $14,872,462
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,650,238
    Geo Method
    $14,650,238
  • Alternative Use

    Use
    Valuation
    Residential
    $19,860,456
    Hospitality
    $18,192,072
    Educational
    $15,135,590
    Medical
    $15,656,126
    Retail
    $23,544,250

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.9099
Longitude
-86.1214
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
$213,464
$1,744,200
$6,666,200
$8,410,400
-
$1,744,200
$6,666,200
$8,410,400

FAQs

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