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    5214 S East St Indianapolis, IN 46227

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    For Sale
    $750,000

    11,142 SF office building for sale in Indianapolis.

    Property size:
    11,142 SF
    Lot size:
    1.15 Acres

    Property Features for 5214 S East St

    General Information

    Size
    11,142 SF
    Lot size
    1.15 Acres

    Source: Premier Commercial Real Estate Services, Inc. Agent Will Conway

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

    Overview

    Indianapolis Office Building Investment Opportunity

    This 11,142 square foot building located at 5214 S East St in Indianapolis presents an investment opportunity for office building investors. The property offers spaces ranging from 994 to 3,896 square feet, providing long-term equity building and control over workspace. The location is just off of US 31 and in close proximity to I-465. Customizable interiors and flexible floor plans are available. With below-market rents, investors can capitalize on this asset and tailor it to their specific needs.
    Location Intelligence

    Current Use by Public Records

    John Steinkamp and Associates Bankruptcy Attorney Keri B. Fagg, ... Speech Pathologist Tamara L. Gasaway, ... Speech Pathologist Brian A. Horner, PT Physical Therapist Lindsey M. Lauderdale, ... Doctor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.149816
    Latitude
    39.691271

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    FAQs

    What type of property is this?
    Office building - 11,142 SF office building for sale in Indianapolis.
    Where is this office building located?
    The property is located at 5214 S East St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Prime location just off US 31 and close to I-465.; - Great long-term equity building and control over workspace.; - Below-market rents offer immediate investment upside.
    (317) 379-6334
    Request Owner's contact information
    5214 S East St Indianapolis, IN 46227
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    Indianapolis, IN 46227
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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
    5214 S East St Indianapolis, IN 46227
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