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    3850 Emerson Ave Beech Grove, IN 46203

    For Lease
    Contact for pricing

    High-traffic, 1273 sq ft retail space.

    Lot size:
    1,273 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1,273 square foot retail space, located at 3850 S Emerson Ave in Indianapolis, Indiana (zip code 46203), presents a fantastic opportunity for a single-tenant business. Situated in Marion County, this property boasts excellent visibility due to its location at a signalized intersection on Emerson Avenue, benefiting from a high traffic count of 34,480 ADT. The property's strategic location offers easy access to I-465, ensuring convenient access for customers and employees. Furthermore, its proximity to Beech Grove High School, with its student population exceeding 1,000, provides a substantial potential customer base. The property is classified as retail with an office space subtype. This single-tenant space is ideal for a business seeking high visibility and convenient access to major roadways and a strong local demographic. The property is ready for immediate occupancy. Interested parties should inquire for further details and lease terms.

    Property Features for 3850 Emerson Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,273 SF

    Unit(s) available at that property

    Space
    Size
    1,273 SF

    HighLights

    • 1,273 SF retail space available for lease at 3850 S Emerson Ave, Indianapolis, IN 46203.
    • High‑visibility location at a signalized intersection on Emerson Ave with 34,480 ADT.
    • Excellent access to I‑465.
    • Proximity to Beech Grove High School (1,000+ students).
    • Ready for immediate occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Community Physician Network ... Doctor HireQuest Direct of Indianapolis ... Employment Agency Liberty Tax Tax Preparation

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Beech Grove
    County
    Marion
    State
    Indiana
    Longitude
    -86.0834284
    Latitude
    39.7102162

    Nearby Comparable

    • Contact for pricing
      4,000 SF

      Industrial Space Available For Lease

      4,000 square feet of warehouse/industrial space for lease.
      5201 Park Emerson Dr, Indianapolis, IN 46203
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    • Contact for pricing
      4,822 SF

      Industrial Space Available For Rent

      Industrial property offering 4,822 square feet for lease.
      5230 Park Emerson Dr, Indianapolis, IN 46203
      View Details
    • $10 SF/Yr
      29,103 SF

      Griffin Buildings: Indy Industrial Space

      Prime Indy Flex/Office/Warehouse Space
      5342 Elmwood Ave, Indianapolis, IN 46203
      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
    • $24 SF/Yr
      2,400 SF

      Prime Office Space Available

      Office space for rent near downtown attractions and dining.
      4625 S Emerson Ave, Indianapolis, IN 46203
      View Details
    • $11 SF/Yr
      9,000 SF

      Freestanding Building Near I-465

      10,000 SF industrial building with interstate visibility and access.
      5621 Elmwood Ave, Indianapolis, IN 46203
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic, 1273 sq ft retail space.
    Where is this retail property located?
    The property is located at 3850 Emerson Ave Beech Grove, IN.
    What are key features of this property?
    This property features: 1,273 SF retail space available for lease at 3850 S Emerson Ave, Indianapolis, IN 46203.; High-visibility location at a signalized intersection on Emerson Ave with 34,480 ADT.; Excellent access to I-465.
    Request Owner's contact information
    3850 Emerson Ave Beech Grove, IN 46203
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    Beech Grove, 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
    3850 Emerson Ave Beech Grove, IN 46203
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