1425 86thIndianapolis, IN 46240
- Retail properties
- 27,063 SF
For Lease
$25/SF/YR
View listing
Property Details for 1425 86th
- Year built
- 1972
- Construction
- WOOD
- Lot size
- 0.81 AC
- Property size (Sq ft)
- 27,063 SF
- Zone code
- ZO01
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 49-03-24-113-017.000-800
- APU
- 490324113017000800
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,178,550
- 6.5%
- $4,780,200
- 7%
- $4,438,758
-
Comparable approach
- Method
- Valuation
- Method 1
- $6,442,731
- Method 2
- $6,442,731
-
Alternative Use
- Use
- Valuation
- Residential
- $4,032,278
- Hospitality
- $3,693,545
- Educational
- $3,072,986
- Medical
- $3,178,671
- Retail
- $4,780,200
1425 86th, Indianapolis, Indiana
Location Insight
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Latitude
- 39.912
- Longitude
- -86.1361
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
-
Assessed Improved Value$1,618,600
-
Assessed land value$388,100
-
Assessed value$2,006,700
-
Tax year2023
-
Tax bill$50,932
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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