C4 Storefront
New
For Sale
$1,800,000
4407 Lafayette, Indianapolis, IN 46254
The property carries C4 zoning in Marion County.
Property Size29,900 SF
Days on Market4
Property Features for 4407 Lafayette
General Information
Standard status
Active
Size
29,900 SF
Zoning
C4
Building Details
Building Size
29,900 SF
Listing Agency:
Carpenter Realtors
(317) 441-4810
Listed By:
Robert Lane · License #RB14036492
Source:
Evrealestate
Added: Aug 2
Changed: Aug 4
Last Checked: Aug 4 at 3:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carpenter Realtors
Investment Insights
Based on property information with market context.
This storefront property is located at 4407 Lafayette in Indianapolis, Indiana 46254. The site is identified with C4 zoning and falls within Marion County. GPS-friendly directions are provided for access planning.
Key Highlights
- C4 zoning
- Located at 4407 Lafayette, Indianapolis, IN 46254
- Situated in Marion County
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $233.2k | $7.80 |
| − Vacancy | −$20.3k | −$0.68 |
| EGI | $212.9k | $7.12 |
| − OpEx | −$63.9k | −$2.14 |
| NOI | $149.1k | $4.98 |
29,900 SF · lease $7.80/SF/yr · vacancy 8.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.44M
$4.76M – $6.35M
NOI $380,846 @ 7.0% cap · market cap 21.16%
Second Best
Industrial
$2.13M
$1.86M – $2.48M
NOI $149,051 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$8.22M
$7.19M – $9.59M
NOI $575,257 @ 7.0% cap · market cap 31.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46254, IN
40,162
Population
17,955
Households
2.2
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,187
Density / Sq Mi
$57,825
Median Household Income
$36,883
Median Earnings
$1,021
Median Rent
$175,700
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - The property carries C4 zoning in Marion County.
Where is this storefront property located?
The property is located at 4407 Lafayette Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: C4 zoning; Located at 4407 Lafayette, Indianapolis, IN 46254; Situated in Marion County
