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Indianapolis Office Building For Sale
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5949 W Raymond St, Indianapolis, IN 46241

20,784 SF office building on 1.26 acres.

Property Size20,784 SF
Days on Market285

Property Features for 5949 W Raymond St

General Information

Standard status Active
Size 20,784 SF
Class C
Property subtype office
Listing Agency: Indianapolis
Listed By: James Gruesser
Source: Property.jll
Added: Nov 24, 2025 Changed: Sep 3 Last Checked: Sep 5 at 3:54AM

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 Indianapolis

Investment Insights

Based on property information with market context.

This 20,784 square foot office building is available for sale. Situated on a 1.26-acre lot in the Southwest Indianapolis industrial corridor, the property offers convenient access to the Indianapolis International Airport. The building features 85 surface parking spaces, including ADA-accessible parking. Building signage is available. The location benefits from high traffic volume, with approximately 139,581 vehicles per day on I-74 and 465 West.

Key Highlights

  • Excellent Location: Southwest Indianapolis industrial corridor with easy access to I‑74 and 465 West.
  • Substantial Size: 20,784 sf building on 1.26 acres.
  • Ample Parking: 85 surface parking spaces, including ADA accessibility.

Property Analytics

Current Use

Thomas M. Susco ... Physician Fathauer Deanna K Physician Garwood Kristine M Physician Selman Rebecca A Physician Hall Linda M Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 20,784 SF office building on 1.26 acres.
Where is this office building located?
The property is located at 5949 W Raymond St Indianapolis, IN.
What are key features of this property?
This property features: Excellent Location: Southwest Indianapolis industrial corridor with easy access to I‑74 and 465 West.; Substantial Size: 20,784 sf building on 1.26 acres.; Ample Parking: 85 surface parking spaces, including ADA accessibility.
More about this property
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