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    6935 Lake Plaza Dr Indianapolis, IN 46220

    For Lease
    Contact for pricing

    Retail property with high traffic and multiple access points.

    Property size:
    19,172 SF
    Lot size:
    8.70 Acres

    Property Features for 6935 Lake Plaza Dr

    General Information

    Size
    19,172 SF
    Lot size
    8.70 Acres

    Source: Veritas Realty Agent Seth Biggerstaff

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

    Overview

    Retail Space with High Exposure

    This retail property offers excellent exposure on Binford Boulevard, which sees 40,136 cars per day and connects to I-69. It is also located 0.5 miles from I-465, which experiences 169,055 cars per day. The property benefits from multiple access points, including two stoplights, on Binford Boulevard, 71st Street, and Graham Road. A large pylon sign is available. The surrounding trade area is supported by a strong residential and daytime population. Nearby establishments include CVS, George’s Neighborhood Grill, Starbucks, Jimmy John’s, Domino’s, Tuesday Morning, Kroger (the only grocer servicing the immediate area), Mays Chemical, Heritage Christian School, dormakaba, Precision Hardware, and Heritage Office Park. The property contains 19,172 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Best Flooring Outlet Flooring Store Best Flooring & Blinds Flooring Store Avalon Crossing Shopping Mall Anytime Fitness Gym Bimbo Bakeries Wholesale Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Avalon Crossing, Coinstar Kiosk | Bitcoin ATM, Lake Plaza, Ivy Way Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.067533
    Latitude
    39.8816

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    FAQs

    What type of property is this?
    Shopping center - Retail property with high traffic and multiple access points.
    Where is this shopping center located?
    The property is located at 6935 Lake Plaza Dr Indianapolis, IN.
    What are key features of this property?
    This property features: - Excellent exposure to Binford Blvd (40,136 cars per day) and proximity to I-465 (169,055 cars per day).; - Multiple access points including two stoplights to Binford Blvd, 71st Street, and Graham Road.; - Large Pylon Sign.
    (317) 789-8171
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    6935 Lake Plaza Dr 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
    6935 Lake Plaza Dr Indianapolis, IN 46220
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