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    4911-4983 S Emerson Ave Indianapolis, IN 46203

    For Lease
    Contact for pricing

    Retail space available near major retailers with high traffic.

    Property size:
    1,300 SF
    Lot size:
    3.14 Acres

    Property Features for 4911-4983 S Emerson Ave

    General Information

    Size
    1,300 SF
    Lot size
    3.14 Acres

    Source: Midland Atlantic Indianapolis Office Agent Shawn Heffern

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

    Overview

    Retail Space Near Kroger Marketplace

    Available for lease is a retail space ranging from 1,300 to 2,600 square feet. The property is located approximately 0.5 miles south of I-465 at the Emerson Avenue (Beech Grove) exit. Situated between a Walmart and the new Kroger Marketplace, the location benefits from high traffic counts, exceeding 58,000 vehicles per day. The property offers convenient access from both Emerson Avenue and Thompson Road.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -86.0813474
    Latitude
    39.6958936

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    FAQs

    What type of property is this?
    Retail space - Retail space available near major retailers with high traffic.
    Where is this retail space located?
    The property is located at 4911-4983 S Emerson Ave Indianapolis, IN.
    What are key features of this property?
    This property features: - High Traffic Counts: Over 58,000 Vehicles Per Day; - Strategic Location: Situated between Walmart and the New Kroger Marketplace; - Easy Access from Emerson Avenue and Thompson Road
    (317) 580-9900
    Request Owner's contact information
    4911-4983 S Emerson Ave Indianapolis, IN 46203
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    Indianapolis, IN 46203
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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
    4911-4983 S Emerson Ave Indianapolis, IN 46203
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