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    7915 S Emerson Ave Indianapolis, IN 46237

    For Lease
    $23 SF/Yr ($2,875 /Mo)

    Former bank space with drive-thru in SE Indianapolis.

    Property size:
    1,500 SF
    Lot size:
    2.27 Acres

    Property Features for 7915 S Emerson Ave

    General Information

    Size
    1,500 SF
    Lot size
    2.27 Acres

    Source: Cushman & Wakefield | Indianapolis Agent Carmen Thompson

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

    Overview

    Retail Space with Drive-Thru

    This 1,500 square foot retail space, formerly a bank, features a two-lane drive-thru. The property has a new roof and HVAC system. It is located in Southeastern Indianapolis at the intersection of Emerson Avenue and Stop 11, across the street from the Franciscan Health medical campus. The zoning is C3.
    Location Intelligence

    Current Use by Public Records

    WZT Solutions Consultant Integrity Lawn Care ... Landscaper Freedom Investment Enterprises, ... Corporate Office Johnson Contracting, LLC. Roofing Contractor

    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
    -86.082585
    Latitude
    39.654977

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    FAQs

    What type of property is this?
    Bank - Former bank space with drive-thru in SE Indianapolis.
    Where is this bank located?
    The property is located at 7915 S Emerson Ave Indianapolis, IN.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Former bank space with 2-lane drive-thru.; - Located across the street from Franciscan Health medical campus.; - New roof.
    (317) 352-5430
    Request Owner's contact information
    7915 S Emerson Ave Indianapolis, IN 46237
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    Indianapolis, IN 46237
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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
    7915 S Emerson Ave Indianapolis, IN 46237
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