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    8820 S Emerson Ave Indianapolis, IN 46237

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    For Lease
    Contact for pricing

    Retail space available for ground lease or build-to-suit.

    Property size:
    5,000 SF
    Lot size:
    12.85 Acres

    Property Features for 8820 S Emerson Ave

    General Information

    Size
    5,000 SF
    Lot size
    12.85 Acres

    Source: Veritas Realty Agent Seth Biggerstaff

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

    Overview

    Retail Outlot with Drive-Thru Potential

    An outlot offering 1,200 to 2,000 square feet of space is available for ground lease or build-to-suit. This multi-tenant or single-tenant space presents a drive-thru opportunity. The property is situated near Weekend’s Only, Kroger Marketplace, Walmart Supercenter, and Costco. It is located at the intersection of County Line Road and Emerson Avenue, just west of I-65. Traffic counts are significant, with 36,750 vehicles per day on County Line Road, 29,154 vehicles per day on Emerson Avenue, and 106,019 vehicles per day on I-65. This location is in the fastest-growing retail and restaurant corridor in Johnson County. A new St. Vincent 17,000 square foot Neighborhood Hospital & Emergency Room has recently opened less than 1 mile north of the site. Additionally, St. Francis Health Hospital South Campus, featuring 462 beds and services including cardiology and oncology, is located less than 1 mile to the north.
    Insight Report 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.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0840513
    Latitude
    39.6390227

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    FAQs

    What type of property is this?
    Retail space - Retail space available for ground lease or build-to-suit.
    Where is this retail space located?
    The property is located at 8820 S Emerson Ave Indianapolis, IN.
    What are key features of this property?
    This property features: - Drive-Thru opportunity available for ground lease or BTS.; - High traffic location at the intersection of County Line Road and Emerson Ave, near I-65.; - Located in the fastest-growing retail and restaurant corridor in Johnson County.
    (317) 789-8171
    Request Owner's contact information
    8820 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
    8820 S Emerson Ave Indianapolis, IN 46237
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