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Flexible Office Units
For Lease
$19 SF/Yr

3834 S Emerson Avenue, Indianapolis, IN 46203

Commercial Lease, Indianapolis, IN

Space Size1,250 SF - 5,000 SF
Lot Size4.01 Acres
Days on Market96

Property Features for 3834 S Emerson Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning C1
Middle school Beech Grove Middle School
High school Beech Grove Sr High School
Elementary school district Beech Grove City Schools
Middle school district Beech Grove City Schools
High school district Beech Grove City Schools
Directions GPS Friendly
Subdivision 4907 - Marion - Perry
Standard status Active
APN 491028109008000502
Lot size 4.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt E1/2 Se1/4 S28 T15 R4 Beg 326.85Ft N & 708.12Ftw Of Se Cor N 351Ft E 96. 85Ft N 193.65Ft W 373.51Ft S 544.83Ft E 290.85Ftto Beg 4.01Ac
Legal Description Pt E1/2 Se1/4 S28 T15 R4 Beg 326.85Ft N & 708.12Ftw Of Se Cor N 351Ft E 96. 85Ft N 193.65Ft W 373.51Ft S 544.83Ft E 290.85Ftto Beg 4.01Ac

Building Details

Floors in Building 1
Listing Agency: Kaiser Real Estate Corp. · Coldwell Banker Real Estate
Listed By: Anthony Schneider · License ##RB14027154
Added: May 26 Changed: Aug 20 Last Checked: Aug 29 at 5:06AM
MLS# 22104666

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property at 3834 S Emerson Avenue provides leasable configurations from 1,250 SF to 5,000 SF. Suites C and D may be joined to create 5,000 contiguous SF, offering flexibility for businesses requiring a larger footprint. The property is zoned C1 and occupies 4.01 acres.

The campus includes DaVita Kidney Care and The Skillman Corporation as established co-tenants. On-site management and ongoing grounds maintenance support the property's business setting, while the available suite range accommodates professional, medical, logistics, and corporate administrative uses identified for the space.

Key Highlights

  • Office configurations from 1,250 SF to 5,000 SF
  • Suites C and D can combine for 5,000 contiguous SF
  • C1 zoning

Property Analytics

Current Use

Davita Dialysis Hospital DaVita Marion County ... Medical Clinic Dr. Stephen Rappaport Physician DaVita Marion County Physician Mary Russell Physician

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$33.75 /SF/Yr
Avg Asking Price
$12–$275 /SF/Yr
Price Range
7,361 SF
Avg Space Size

This space is priced 44% below the average of $33.75 /SF/Yr.

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - C1-zoned office property with suites suited to professional services, medical practices, logistics, and administrative operations.
Where is this office units located?
The property is located at 3834 S Emerson Avenue Indianapolis, IN.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Office configurations from 1,250 SF to 5,000 SF; Suites C and D can combine for 5,000 contiguous SF; C1 zoning
More about this property
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