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    Established Garden Center on 9.93 Acres Title is generated by Realmo AI

    4914 Rockville Rd, Indianapolis, IN 46224

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    Long-established garden center for sale on a 9.93-acre property.

    Type:Industrial, Land, Retail, Self Storage
    Property size:
    10,422 SF
    Lot size:
    9.93 Acres
    Price / SF:
    $187/SF
    Added:
    Mar 2, 2026
    Days on Market:
    117
    Last Refresh:
    Mar 16 at 1:50 pm

    Property Features for 4914 Rockville Rd

    General Information

    Standard status
    Active
    Size
    10,422 SF
    Lot size
    9.93 Acres
    Property subtype
    Industrial, Land, Retail, Self Storage

    Building Details

    Year Built
    1954

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    Dakota James

    Listing office Bradley Company Indianapolis

    Listing date Mar 2, 2026

    Source Crexi

    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 Bradley Company Indianapolis

    HighLights

    • Prime Indianapolis location
    • 9.93 acre property
    • Opportunity to redevelop
    • Long established garden center
    • Ability to generate additional income
    • All business equipment and inventory included

    Overview

    This 9.93-acre property presents an opportunity to own or redevelop a long-established garden center in Indianapolis. The property offers versatility and the potential to generate additional income. All business equipment and inventory are included. The property is suitable for nursery and garden centers, specialty properties, commercial land, retail properties and spaces, and other retail properties.

    Local Financial Insights For Retail

    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 $175.1k $16.80
    − Vacancy −$14.9k −$1.43
    EGI $160.2k $15.37
    − OpEx −$48.1k −$4.61
    NOI $112.1k $10.76
    10,422 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.60M
    $1.40M – $1.87M (±1% cap)
    NOI $112,145 @ 7.0% cap · market cap 5.75%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.59M
    $2.27M – $3.03M (±1% cap)
    NOI $181,593 @ 7.0% cap · market cap 9.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dammann's Garden Center ... Garden Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Dammann's Garden Center & Greenhouse, Inc. — 4914 Rockville Rd, Indianapolis, IN 46224

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.24426
    Latitude
    39.76638

    FAQs

    What type of property is this?
    Nursery and garden center - Long-established garden center for sale on a 9.93-acre property.
    Where is this nursery and garden center located?
    The property is located at 4914 Rockville Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Prime Indianapolis location; 9.93 acre property; Opportunity to redevelop
    More about this property
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