3642 West 16th Street
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30783942 |
| Property Subtypes: |
Mixed Use, Flex Space, Office Building
|
| Status: |
Pending |
| Building Size (RSF): |
14,800 SF
|
| Gross Land Area: |
0.27 Acres
|
| Sale Price: |
$995,000 |
| Unit Price: |
$67.23 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Class of Space: |
Class C |
| Usable Size (USF): |
14,800 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/15/2022 |
Overview / Comments
|
+/- 14,800 sf zoned C4 on 16th St, just east of IMS.? Originally built out as a church, but would work well as a daycare, charter school or treatment center or Retail/Service with Warehouse.?
|
Financials
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$6,418 (Annual) |
| Tax Value Land |
$34,800 |
| Tax Value Improvements |
$184,500 |
| Assessed Value - Total($) |
$219,300 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$10,256 (Annual) |
| Tax Value Land |
$22,100 |
| Tax Value Improvements |
$308,700 |
| Assessed Value - Total($) |
$330,800 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$10,184 (Annual) |
| Tax Value Land |
$22,100 |
| Tax Value Improvements |
$308,700 |
| Assessed Value - Total($) |
$330,800 (Annual) |
| Finance Data Year |
2009 |
| Real Estate Taxes - Annual($) |
$9,738 (Annual) |
| Tax Value Land |
$22,100 |
| Tax Value Improvements |
$308,700 |
| Assessed Value - Total($) |
$330,800 (Annual) |
Additional Details
| Nearest MSA: |
Indianapolis-Carmel |
| County: |
Marion |
| Tax ID/APN: |
49-06-32-115-748.000-901 |
| Zoning: |
C4 |
| Property Located Between: |
W 16th St & N Somerset Ave |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1955 |
| Year Renovated: |
2021 |
| Roof Type: |
Flat |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
RAINBOW RIDGE L687 & L688 & 7.5' X 52' VAC ALLEY NE AND ADJ |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,870 |
101,723 |
282,814 |
| Median Age: |
32.49 |
31.95 |
33.62 |
| Households: |
4,678 |
39,089 |
115,253 |
|
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