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    Emerson Ave Indianapolis, IN 46203

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Southport Indy Office Space

    Lot size:
    34,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Southport, Indianapolis office building, located at S Emerson Ave, zip code 46203, offers 34,700 square feet of versatile space in a single-story Class B building. Currently, one suite of 2,040 square feet is available, ideal for medical, executive, or creative office uses. The property's multiple tenancy structure provides flexibility for various business needs. Its convenient location north of the Stop 11 and Emerson Avenue intersection offers easy access to downtown Indianapolis and major interstate highways, making it an attractive option for businesses seeking a prominent southside location. The building's address is easily accessible and visible from the main thoroughfare. This is a fantastic opportunity to secure office space in a thriving Indianapolis submarket. The property is situated in the Southport submarket, known for its growth and accessibility. The building's single-story design provides convenient access for tenants and clients. The available suite presents a unique chance to establish a presence in a well-maintained and strategically located professional building. This is a rare opportunity to lease space in a building that caters to diverse professional needs. The building's size and layout offer ample space for expansion or consolidation. The property's location provides excellent visibility and accessibility for clients and employees.

    Property Features for 0 Emerson Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,700 SF
    Class
    B
    Total Rate
    52050

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite D
    Size
    2,040 SF
    Rate per SF
    $18

    HighLights

    • Former medical suite featuring multiple exam rooms, nurses' station, private office, kitchenette, and separate rear entrance.
    • Excellent interstate access, proximity to downtown Indianapolis, and nearby shopping and dining options.
    • Desirable location within a thriving, amenity‑rich community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0828902
    Latitude
    39.7284168

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    FAQs

    What type of property is this?
    Office space - Prime Southport Indy Office Space
    Where is this office space located?
    The property is located at Emerson Ave Indianapolis, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Former medical suite featuring multiple exam rooms, nurses' station, private office, kitchenette, and separate rear entrance.; Excellent interstate access, proximity to downtown Indianapolis, and nearby shopping and dining options.; Desirable location within a thriving, amenity-rich community.
    Request Owner's contact information
    Emerson Ave Indianapolis, IN 46203
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    Indianapolis, IN 46203
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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
    Emerson Ave Indianapolis, IN 46203
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