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    5101 Thompson Rd Indianapolis, IN 46237

    For Lease
    Contact for pricing

    Indianapolis Retail Center - 94,209 SF Available

    Lot size:
    94,209 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Emerson Plaza, located at 5101 E Thompson Rd in Indianapolis, Indiana, presents a significant retail opportunity. This entire 94,209 square foot commercial building is currently vacant and available for lease. The property is situated in Marion County, zip code 46237, offering excellent visibility and accessibility. The building consists of four individual suites, providing flexibility for a variety of retail uses or the potential for a single large tenant to occupy the entire space. The property's size and layout offer considerable potential for a diverse range of businesses. Given the complete vacancy, this presents a unique chance to establish a prominent retail presence in a well-located Indianapolis area. The property's substantial square footage allows for extensive customization and development to suit a tenant's specific needs. Interested parties are encouraged to explore the possibilities this prime retail location offers. The property is classified as a multi-tenant retail building, providing ample space for various retail operations. Its location in Indianapolis, Indiana, offers access to a significant consumer base. Further details regarding lease terms and conditions are available upon request.

    Property Features for 5101 Thompson Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,209 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    94,209 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sears Appliance Repair Air Conditioning Repair Service

    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
    -86.0811601
    Latitude
    39.6930508

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    FAQs

    What type of property is this?
    Retail property - Indianapolis Retail Center - 94,209 SF Available
    Where is this retail property located?
    The property is located at 5101 Thompson Rd Indianapolis, IN.
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    5101 Thompson Rd Indianapolis, IN 46237
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    Indianapolis, IN 46237
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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
    5101 Thompson Rd Indianapolis, IN 46237
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