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    2740 Madison Ave Indianapolis, IN 46225

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    For Lease
    Contact for pricing

    Retail property with high visibility and recent renovations for lease.

    Property size:
    10,373 SF
    Lot size:
    0.90 Acres

    Property Features for 2740 Madison Ave

    General Information

    Size
    10,373 SF
    Lot size
    0.90 Acres

    Source: Tharp Realty Agent Crystal Kennard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Madison Avenue

    This retail property features a new roof, restrooms, and three new 5-ton HVAC units, along with ample electrical capacity. The building has a new exterior front façade and parking available in the rear. It includes two overhead doors, one in the front and one in the workshop area at the rear of the property. The location benefits from excellent traffic counts and high visibility on Madison Avenue, and it is situated minutes from I-70. The property offers 10,373 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bike Parking Bicycle Rack JBP Furnishings Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1530809
    Latitude
    39.7274305

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      Retail Space in High-Visibility Center

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    FAQs

    What type of property is this?
    Retail space - Retail property with high visibility and recent renovations for lease.
    Where is this retail space located?
    The property is located at 2740 Madison Ave Indianapolis, IN.
    What are key features of this property?
    This property features: - High Visibility on Madison Ave; - Excellent Traffic Counts; - Minutes from I-70
    (317) 418-2464
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    2740 Madison Ave Indianapolis, IN 46225
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    Indianapolis, IN 46225
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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
    2740 Madison Ave Indianapolis, IN 46225
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