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    1500 W Southport Rd Indianapolis, IN 46227

    For Lease
    Contact for pricing

    Retail spaces available near Southport Road and future I-69.

    Property size:
    2,362 SF
    Lot size:
    0.36 Acres

    Property Features for 1500 W Southport Rd

    General Information

    Size
    2,362 SF
    Lot size
    0.36 Acres

    Source: Veritas Realty Agent Seth Biggerstaff

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

    Overview

    Retail Space Near Future I-69

    Available retail spaces range from 1,200 to 2,362 square feet. The location offers high visibility with multiple access points, including a stoplight, to the intersection of Southport Road and Bluff Road, which sees a combined traffic count of 28,752 cars per day. The property is anchored by an 82,000 square foot Kroger Supermarket. Current tenants include Verizon Wireless, Chase Bank, Great Clips, Domino’s, and UPS Store. The property is located off the future I-69 Interchange, one of the few interchanges on the southside of Indianapolis, and is just south of I-465, which has a traffic count of 103,314 cars per day.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.13989
    Latitude
    39.659517

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available near Southport Road and future I-69.
    Where is this shopping center located?
    The property is located at 1500 W Southport Rd Indianapolis, IN.
    What are key features of this property?
    This property features: - Anchored by a strong-performing 82,000 SF Kroger Supermarket.; - Located off of future I-69 Interchange.; - Highly visible with multiple access points, including a stoplight.
    (317) 789-8171
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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
    1500 W Southport Rd Indianapolis, IN 46227
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