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3637 W 10th St 1,112 SF Office Building Indianapolis, IN 46222 $180,000 ($161.87/SF) 8% Cap Rate
Investment Highlights
- Close to Speedway
Executive Summary
Great Investment and scheduled for a increase rent. It is currently for rent at $1200 per month and another rent increase is in the picture.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
1,112 SF
Building Class
C
Year Built
1950
Price
$180,000
Price Per SF
$161.87
Cap Rate
8%
NOI
$14,400
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,112 SF
Building FAR
0.26
Lot Size
0.10 AC
Zoning
C-3 w/religious variance - Commercial
Parking
7 Spaces (6.29 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 49-11-05-117-118.000-901 | Improvements Assessment | $44,000 |
| Land Assessment | $14,000 | Total Assessment | $58,000 |
Property Taxes
Parcel Number
49-11-05-117-118.000-901
Land Assessment
$14,000
Improvements Assessment
$44,000
Total Assessment
$58,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
3637 W 10th St