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    5980 W 71St St Indianapolis, IN 46220

    For Lease
    $17 SF/Yr

    27,262 SF office space with renovated lobby and restrooms.

    Property size:
    27,262 SF
    Lot size:
    1.93 Acres

    Property Features for 5980 W 71St St

    General Information

    Size
    27,262 SF
    Lot size
    1.93 Acres

    Source: Cushman & Wakefield | Indianapolis Agent Kevin Archer

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

    Overview

    Renovated Office Space Available

    This property offers 27,262 square feet of available office space. The space can be demised on each floor. There are 148 parking spaces available, a ratio of 5.4 per 1,000 square feet. Building signage opportunities are available. The lobby and restrooms have been newly renovated. The property offers close and easy access to I-465.
    Insight Report Location Intelligence

    Current Use by Public Records

    IUPUI Park 100 ... Learning Center Ma Soledad F. ... Physical Therapist One Call Medical ... Home Health Care Service wonder alarm Security System Supplier Training iupui center School

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Hair Salon Wholesale 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
    -86.2643293
    Latitude
    39.881977

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    FAQs

    What type of property is this?
    Office building - 27,262 SF office space with renovated lobby and restrooms.
    Where is this office building located?
    The property is located at 5980 W 71St St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - 27,262 total SF available, divisible by floor; - 148 parking spaces (5.4/1,000 SF); - Close & easy access to I-465
    (317) 634-6363
    Request Owner's contact information
    5980 W 71St St Indianapolis, IN 46220
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    Indianapolis, IN 46220
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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
    5980 W 71St St Indianapolis, IN 46220
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