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3637 W 10th St 1,112 SF Specialty Building Offered at $180,000 at a 8% Cap Rate in Indianapolis, IN 46222
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
| Price | $180,000 | Building Class | C |
| Price Per SF | $161.87 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 1,112 SF |
| Cap Rate | 8% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1950 |
| Property Subtype | Religious Facility | ||
| Zoning | C-3 w/religious variance - Commercial | ||
| Price | $180,000 |
| Price Per SF | $161.87 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 1,112 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | C-3 w/religious variance - Commercial |
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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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Contact the Sale Advisor
3637 W 10th St