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    5614 Georgetown Rd Indianapolis, IN 46254

    Sponsored
    For Lease
    Contact for pricing

    920 SF Office/Retail Space Available

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-story retail and office building, situated at 5614 Georgetown Rd in Indianapolis, Indiana, 46254, presents a fantastic opportunity. The property, known as Georgetown Shoppes, boasts a total of 15,000 square feet across ten suites, offering a multi-tenant environment. Currently, 920 square feet of space is immediately available, previously occupied as a restaurant. This space represents a minimum divisible unit, ideal for a variety of businesses. The building is conveniently located at the northwest corner of 56th and Georgetown Road, within a thriving neighborhood. This prime location benefits from an extremely dense population, serving over 90,000 people within a three-mile radius, ensuring high visibility and significant foot traffic. The property's single-story design provides easy accessibility and ample parking. The address is easily accessible from major roadways, making it an attractive location for both employees and customers. This is an excellent opportunity to establish a presence in a high-traffic, densely populated area of Indianapolis. The available space is ready for immediate occupancy and offers significant potential for growth. Contact us today to learn more about this exceptional retail and office space.

    Property Features for 5614 Georgetown Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    920 SF Available | Former Restaurant
    Size
    920 SF

    HighLights

    • High‑traffic corner location at a signalized intersection with 35,708 vehicles per day (VPD).
    • Excellent visibility from Georgetown Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    SURGE Staffing Temp Agency

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -86.240345319259
    Latitude
    39.854232208207

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    FAQs

    What type of property is this?
    Office Property / Space - 920 SF Office/Retail Space Available
    Where is this office property / space located?
    The property is located at 5614 Georgetown Rd Indianapolis, IN.
    What are key features of this property?
    This property features: High-traffic corner location at a signalized intersection with 35,708 vehicles per day (VPD).; Excellent visibility from Georgetown Road.;
    Request Owner's contact information
    5614 Georgetown Rd Indianapolis, IN 46254
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    Indianapolis, IN 46254
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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
    5614 Georgetown Rd Indianapolis, IN 46254
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