Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    49th St Indianapolis, IN 46205

    For Lease
    Contact for pricing

    Single-tenant retail, 1 sq ft.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1-square-foot retail space presents a unique investment opportunity within a burgeoning mixed-use development in the vibrant SoBro district of Marion County. Located at the Northwest corner of 49th Street and College, this single-tenant property offers unparalleled potential for a variety of commercial uses. The property's compact size makes it ideal for a small, specialized business or as a strategic component within a larger development plan. Given its location in a rapidly growing area, this property is poised for significant appreciation. The 1-square-foot footprint offers flexibility for creative design and efficient use of space. While currently vacant, the property's prime location within a future mixed-use development ensures high visibility and accessibility to a large and diverse customer base. This is an exceptional chance to secure a foothold in a thriving commercial corridor. The property's classification as retail commercial, with single tenancy, ensures ease of management and potential for strong rental income. Further details regarding the future mixed-use development plans are available upon request. This property is offered as-is. Serious inquiries only.

    Property Features for 49th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • Retail property in Marion County.
    • Single‑tenant occupancy.
    • 1 square foot building.
    • 1 square foot vacant.
    • Future mixed‑use development planned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1400066
    Latitude
    39.8428646

    Nearby Similar for Lease

    • $18 SF/Yr
      16,840 SF

      Versatile Flex Space in Indianapolis

      Multi-tenant industrial/office/flex space for lease in Indianapolis.
      9130 Otis Ave, Indianapolis, IN 46216
      View Details
    • $6,500 /Mo
      4,249 SF

      Indianapolis Office Space For Lease

      Office space for lease with excellent visibility and flexible layout.
      4521 Independence Sq, Indianapolis, IN 46203
      View Details
    • $2,500 /Mo
      1,600 SF

      Renovated Office Space in Indianapolis

      Turn-key, renovated office space in the heart of Broad Ripple.
      6543 Ferguson St, Indianapolis, IN 46220
      View Details
    • New
      $5,385 /Mo
      51,420 SF

      Professional Office Space Near I-65

      3,800 SF office space near Franciscan Health and I-65.
      5136 E Stop 11 Rd, Indianapolis, IN 46237
      View Details
    • $1,565 /Mo
      1,876 SF

      Retail Space in High-Visibility Center

      1876 sq ft retail space available in Indianapolis, IN.
      5002 Madison Ave, Indianapolis, IN 46227
      View Details
    • $1,700 /Mo
      10,924 SF

      Retail Space in High-Visibility Center

      Retail space available in a high-traffic Indianapolis location.
      5002 Madison Ave, Indianapolis, IN 46227
      View Details

    FAQs

    What type of property is this?
    Retail property - Single-tenant retail, 1 sq ft.
    Where is this retail property located?
    The property is located at 49th St Indianapolis, IN.
    What are key features of this property?
    This property features: Retail property in Marion County.; Single-tenant occupancy.; 1 square foot building.
    Request Owner's contact information
    49th St Indianapolis, IN 46205
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    49th St
    Indianapolis, IN 46205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    49th St Indianapolis, IN 46205
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.