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    9057 Rockville Rd Indianapolis, IN 46234

    Sponsored
    For Sale
    $1,000,000

    High-Visibility Retail Space, Ideal for Lease or Build-to-Suit

    Property size:
    33,324 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 33,324 square foot retail storefront at 9057 Rockville Road in Indianapolis, Indiana, presents a lucrative investment opportunity. Boasting 312 feet of frontage on the busy US 36 (Rockville Road) at a signaled intersection, this property offers unparalleled visibility and accessibility. Situated on a 0.77-acre lot, the property is conveniently located near Raceway Road and benefits from strong supporting demographics. The existing structure, built in 1949, is zoned C4 and currently has tenant rights. The seller is open to both outright sale at $1,000,000 and land lease options, and will also consider build-to-suit projects. This prime location is further enhanced by a neighboring property currently under contract with a new restaurant, indicating a thriving commercial environment. The property is subject to Marion County Development Criteria. Given its high visibility, excellent location, and flexible ownership options, this property represents a rare chance to acquire a significant retail asset in a rapidly developing area. Please note that access to the property requires prior permission

    Property Features for 9057 Rockville Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    33,324 SF
    Lot Size
    33,541 SF

    Building Details

    Year Built
    1949

    HighLights

    • 33,324 square foot retail storefront on a 0.77‑acre lot.
    • High visibility with 312 feet of frontage on US 36 (Rockville Road) at a signaled intersection in Indianapolis, IN.
    • Located near Raceway Road with strong demographics.
    • Zoned C4; existing building (1949) with tenant rights.
    • $1,000,000 asking price; land lease and build‑to‑suit options available.
    • Thriving commercial area with neighboring restaurant under contract.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.3225629
    Latitude
    39.7632773

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    FAQs

    What type of property is this?
    Individual retail property - High-Visibility Retail Space, Ideal for Lease or Build-to-Suit
    Where is this individual retail property located?
    The property is located at 9057 Rockville Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 33,324 square foot retail storefront on a 0.77-acre lot.; High visibility with 312 feet of frontage on US 36 (Rockville Road) at a signaled intersection in Indianapolis, IN.; Located near Raceway Road with strong demographics.
    Request Owner's contact information
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    Indianapolis, IN 46234
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    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
    9057 Rockville Rd Indianapolis, IN 46234
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