4803 W 71st Street, Indianapolis, IN 46268
SINGLE_FAMILY - Indianapolis, IN
- Added:
- Feb 3, 2026
- Days on Market:
- 140
- Last Refresh:
- Jun 23 at 9:06 am
Property Features for 4803 W 71st Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- C-3
- Standard status
- Pending
- APN
- 490436135005000600
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Pt E1/2 Nw1/4 S36 T17 R2 Beg Ne Cor S36 T17 R2 P.O.B. W147.58 S147.58 E147.58 N147.58 To Beg (Description May Be Subjiect Torow Taking)
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1987
- Floors in Building
- 1
- Roof type
- Shingle
Listing agent Albert Stancato License #RB16000255 (317) 280-4663
Listing office Highgarden Real Estate Keystone Crossing Ste 170 8500, Indianapolis, IN (317) 205-4320
Listing date Feb 3, 2026
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.
HighLights
- Prime location with high visibility and strong traffic, one block from Georgetown Road.
- Flexible 1,755 sq ft building suitable for various commercial uses (medical, office, retail, service).
- Generous half‑acre lot with eleven on‑site parking spaces and room for expansion.
- Zoned C‑3 for retail and office commercial use, offering long‑term versatility.
- Well‑maintained red brick structure with ten private rooms/offices, reception area, kitchen, and storage.
- Durable all‑brick exterior and crawl space foundation.
Overview
Zoned C-3 for retail and office commercial use, the building is positioned near Georgetown Road, about one block from the thoroughfare. It sits on an approximately 0.5-acre lot with durable exterior improvements and provides 11 on-site parking spaces, with additional space that may support further customer and staff parking needs.
This property fits owner-users and tenants seeking a standalone building with dedicated on-site parking and multiple private rooms suitable for medical or professional practices, as well as retail or service-based operations. Security system is not included, so any required security equipment would need to be planned by the incoming owner or tenant.
Local Financial Insights For Healthcare Medical
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 | $42.1k | $24.00 |
| − Vacancy | −$3.4k | −$1.92 |
| EGI | $38.8k | $22.08 |
| − OpEx | −$15.5k | −$8.83 |
| NOI | $23.3k | $13.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.24129
- Latitude
- 39.881753
