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    10895 N Michigan Rd Zionsville, IN 46077

    For Lease
    Contact for pricing

    1620 SF retail space in high-traffic Zionsville corridor.

    Property size:
    1,620 SF
    Lot size:
    3.70 Acres

    Property Features for 10895 N Michigan Rd

    General Information

    Size
    1,620 SF
    Lot size
    3.70 Acres

    Source: Veritas Realty Agent John Holloway

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

    Overview

    Retail Space in Zionsville, IN

    This 1620 square foot retail space is located in Zionsville, Indiana. The property was formerly occupied by a Kung Fu Tea restaurant and does not include a hood system. Situated along Michigan Road, a major trade area corridor, the location benefits from high traffic volume, with over 26,835 vehicles per day. The surrounding area has a dense residential population, with over 37,699 residents within a 3-mile radius and an average household income of $172,298. The corridor is home to a variety of retailers and restaurants, including Super Target, Kroger, Marshalls, Chick-fil-A, HomeGoods, Chuy’s, Capriotti’s, Java House, and Pure Barre.
    Insight Report Location Intelligence

    Current Use by Public Records

    ADORA NAILS Nail Salon Thai Eatery Thai Restaurant Kung Fu Tea ... Bubble Tea Store Bach to Rock Music School Ascension St. Vincent ... Physical Therapy Clinic

    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
    Zionsville
    County
    Boone
    State
    Indiana
    Longitude
    -86.238876
    Latitude
    39.945457

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    FAQs

    What type of property is this?
    Retail space - 1620 SF retail space in high-traffic Zionsville corridor.
    Where is this retail space located?
    The property is located at 10895 N Michigan Rd Zionsville, IN.
    What are key features of this property?
    This property features: - High average household income ($172,298) within a 3-mile radius.; - Located on Michigan Road with high traffic volume (26,835 vehicles per day).; - Located in a major trade area corridor with established retailers (Super Target, Kroger, Marshalls, etc.).
    (317) 472-1800
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    10895 N Michigan Rd Zionsville, IN 46077
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    Zionsville, IN 46077
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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
    10895 N Michigan Rd Zionsville, IN 46077
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