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    6815 E Southport Rd Indianapolis, IN 46221

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    For Lease
    Contact for pricing

    New construction retail space in Indianapolis near major retailers.

    Property size:
    1,698 SF
    Lot size:
    2.12 Acres

    Property Features for 6815 E Southport Rd

    General Information

    Size
    1,698 SF
    Lot size
    2.12 Acres

    Source: Veritas Realty Agent Amy Tharp, CCIM

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

    Overview

    Retail Space on Southport Road

    This retail space is located in a new construction small shop building at the intersection of Southport Road and Shelbyville Road. The property is adjacent to Walgreens and anchored by Franklin Point Shopping Center, which includes Jack’s Donuts, Flashbacks Family Restaurant & Bar, and Franklin Falls Animal Clinic. Situated on the hard corner of Southport Road, which sees approximately 16,000 vehicles per day, and Shelbyville Road, with 4,943 vehicles per day, the location benefits from high visibility. The surrounding area features dense residential neighborhoods in Franklin Township, with 21,764 households within a 3-mile radius. The property is less than 2 miles east of Meijer, Target, Home Depot, and Menard’s on Southport Road, and less than 1.5 miles west of the new Kroger at Southport and Franklin Road. The available retail space offers 1698 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Department Store HVAC Service Smoke and Vape Shop Plumbing Service Tailor Shop Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.275762
    Latitude
    39.654607

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    FAQs

    What type of property is this?
    Retail space - New construction retail space in Indianapolis near major retailers.
    Where is this retail space located?
    The property is located at 6815 E Southport Rd Indianapolis, IN.
    What are key features of this property?
    This property features: - High-traffic hard corner location at the intersection of Southport Rd & Shelbyville Rd.; - New construction small shop building.; - Located in a densely populated residential area.
    (317) 737-1542
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    6815 E Southport Rd Indianapolis, IN 46221
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    Indianapolis, IN 46221
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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
    6815 E Southport Rd Indianapolis, IN 46221
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