Corner Storefront
For Sale
Contact for pricing
1105 N Arlington Ave, Indianapolis, IN 46219
Standalone retail property with C-4 zoning at a signalized commercial corner.
Property Size1,892 SF
Lot Size0.13 Acres
Price / SF$118.92
Days on Market140
Property Features for 1105 N Arlington Ave
General Information
Standard status
Active
Size
1,892 SF
Lot size
0.13 Acres
Property subtype
Retail
Zoning
C-4
Additional Details
Corner Location
Yes
Building Details
Year Built
1955
Buildings
1
Stories
1
Listing Agency:
92c Partners
Listed By:
Whitney Gurman Roberts · License #RB18001960
Source:
Crexi
Added: Apr 14
Changed: Aug 30
Last Checked: Aug 30 at 8:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 92c Partners
Investment Insights
Based on property information with market context.
This standalone storefront property contains approximately 1,892 square feet on a 0.13-acre parcel. Built in 1955, the building is positioned for retail use and offers a compact commercial footprint suited to an owner-user or investment ownership structure.
The property occupies a corner location at 1105 N Arlington Ave in Indianapolis, within ZIP code 46219. Its setting on Indianapolis’ Eastside places the building among established residential surroundings and nearby local amenities. C-4 zoning further identifies the site within a commercial zoning category.
The property occupies a corner location at 1105 N Arlington Ave in Indianapolis, within ZIP code 46219. Its setting on Indianapolis’ Eastside places the building among established residential surroundings and nearby local amenities. C-4 zoning further identifies the site within a commercial zoning category.
Key Highlights
- Approximately 1,892 square feet of retail space
- 0.13‑acre commercial parcel
- Standalone building at a high‑traffic corner
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,359
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$407,180
$407.2K
Cap Rate 7%
$290,843
$290.8K
Cap Rate 9%
$226,211
$226.2K
Market Conditions
NOI Build-Up for 1,892 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.8K $16.80/SF
− Vacancy
−$2.7K −$1.43/SF
EGI
$29.1K $15.37/SF
− OpEx
−$8.7K −$4.61/SF
NOI
$20.4K $10.76/SF
Area
Indianapolis, IN
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$407,180
Cap Rate 7%
$290,843
Cap Rate 9%
$226,211
Alternative Uses
Best Use
Retail
$290.8K
$254.5K – $339.3K
NOI $20,359 @ 7.0% cap · market cap 9.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.9K
$412.1K – $549.4K
NOI $32,966 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46219, IN
36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Standalone retail property with C-4 zoning at a signalized commercial corner.
Where is this storefront property located?
The property is located at 1105 N Arlington Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Approximately 1,892 square feet of retail space; 0.13‑acre commercial parcel; Standalone building at a high‑traffic corner
