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    2077 Emerson Ave Indianapolis, IN 46218

    For Lease
    $2,600 /Mo ($28 SF/Yr)

    Retail - Indianapolis, IN

    Type:Retail
    Property size:
    1,100 SF
    Lot size:
    0.26 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 2077 Emerson Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    commercial
    APN
    490734117023000701
    Size
    1,100 SF
    Lot size
    0.26 Acres

    Building Details

    Architectural style
    Other

    eXp Realty (812) 734-6048 [email protected]

    Listing agent Barinder Singh (888) 611-3912 License #RB22001604

    Listing date Nov 29, 2025

    MLS# 22074876 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space Available

    This retail space is located at a busy Indianapolis intersection, 21st St & Emerson Ave, with convenient I-70 access. The available unit is situated in a plaza where two other units are already leased. This high-visibility unit is suitable for various businesses, including a smoke shop, pizza shop, carry-out restaurant, cell phone store, or general retail. The location offers strong signage opportunities and continuous traffic from local commuters and highway travelers. The traffic counts are approximately 28,000+ vehicles per day along Emerson Ave and 21st St combined. The population within a 3-mile radius is approximately 95,000 residents. The location is minutes from I-70 ramps, major residential neighborhoods, schools, and commercial corridors. The property size is 1100 square feet and the lot size is 0.26 acres. The price includes tax and maintenance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.08288
    Latitude
    39.796026

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    FAQs

    What type of property is this?
    Retail space - High-visibility retail space in a busy Indianapolis plaza.
    Where is this retail space located?
    The property is located at 2077 Emerson Ave Indianapolis, IN.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Last available unit in a busy retail plaza, offering a rare opportunity.; - High-visibility location at the intersection of 21st St & Emerson Ave.; - High traffic counts: Approximately 28,000+ vehicles per day.
    (888) 611-3912
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    Indianapolis, IN 46218
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2077 Emerson Ave Indianapolis, IN 46218
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