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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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