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521 W McCarty St

26,422 SF Office Building Indianapolis, IN 46225 $4,500,000 ($170/SF) 7.56% Cap Rate

Executive Summary

Include in sale the corner lot for additional parking

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
26,422 SF
Building Class
C
Year Built
1954
Price
$4,500,000
Price Per SF
$170
Cap Rate
7.56%
NOI
$340,000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
13,211 SF
Building FAR
1.01
Lot Size
0.60 AC
Opportunity Zone
Yes
Zoning
ZO01 - I-4S
Parking
75 Spaces (2.84 Spaces per 1,000 SF Leased)

Amenities

  • Atrium

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Basement
  • 8,400 SF
  • Office
  • -
  • Now
  • 1st Floor
  • 8,400 SF
  • Office
  • -
  • Now
  • 2nd Floor
  • 8,400 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
Basement 8,400 SF Office - Now
1st Floor 8,400 SF Office - Now
2nd Floor 8,400 SF Office - Now

Basement

Size
8,400 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size
8,400 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
8,400 SF
Space Use
Office
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-11-11-143-130.000-101
  • 49-11-11-179-006.000-101
Land Assessment
$274,400
Improvements Assessment
$507,600
Total Assessment
$782,000
  • Listing ID: 32233877

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 521 W McCarty St, Indianapolis, IN 46225

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