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    5450 Emerson Way Indianapolis, IN 46226

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    For Lease
    $11 SF/Yr ($3,208 /Mo)

    Lower level office space with new finishes and LED lighting.

    Property size:
    3,500 SF
    Lot size:
    3.55 Acres

    Property Features for 5450 Emerson Way

    General Information

    Size
    3,500 SF
    Lot size
    3.55 Acres

    Source: Colliers Agent Huston Spencer

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

    Overview

    Office Space with New Finishes

    This lower-level office space offers approximately 3,500 square feet. The space features new finishes and upgraded LED lighting. Exterior signage is available for select users. The property includes 54 parking spaces. It is located close to amenities and restaurants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Convenience Store Western Union Money Transfer Service KeyMe Locksmiths Key Duplication Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0878881
    Latitude
    39.8533792

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    FAQs

    What type of property is this?
    Office space - Lower level office space with new finishes and LED lighting.
    Where is this office space located?
    The property is located at 5450 Emerson Way Indianapolis, IN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - ± 3,500 SF of lower level space available; - 54 auto parking spaces; - **New finishes with LED lighting upgrades**
    (317) 713-2100
    Request Owner's contact information
    5450 Emerson Way Indianapolis, IN 46226
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    Indianapolis, IN 46226
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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
    5450 Emerson Way Indianapolis, IN 46226
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