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    10863 Washington St Indianapolis, IN 46229

    Sponsored
    For Lease
    Contact for pricing

    High-visibility retail space near Walmart.

    Lot size:
    4,824 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity encompasses 4,824 square feet of readily available space, ideally situated on an outlot adjacent to a Walmart Supercenter. The property boasts unparalleled visibility on East Washington Street, a major thoroughfare experiencing high daily traffic volume exceeding 30,000 vehicles. This ensures maximum exposure for your business, guaranteeing significant foot traffic and brand recognition. The space is perfect for a variety of retail uses, offering ample room for a diverse range of businesses. Its convenient location and high-traffic exposure make it an ideal investment for businesses seeking a prominent presence in a bustling commercial area. The single available space provides flexibility for customization to suit specific business needs. The property's strategic placement on an outlot provides easy access and ample parking for customers and employees. This prime location offers a unique opportunity to establish a thriving business in a high-demand area with exceptional visibility and accessibility. Don't miss this chance to secure a prominent retail space in a thriving commercial hub. The property is classified as retail with an office subtype and is available for multiple tenants.

    Property Features for 10863 Washington St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,824 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    4,824 SF

    HighLights

    • 4,824 square feet of retail space available.
    • High visibility on E. Washington Street.
    • Outlot location adjacent to Walmart.
    • Exceptional daily traffic exposure exceeding 30,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Red Wing - Indianapolis, IN Shoe Store Dr. Robert Barber Family Practice Physician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -85.973834160505
    Latitude
    39.77539809244

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space near Walmart.
    Where is this retail property located?
    The property is located at 10863 Washington St Indianapolis, IN.
    What are key features of this property?
    This property features: 4,824 square feet of retail space available.; High visibility on E. Washington Street.; Outlot location adjacent to Walmart.
    Request Owner's contact information
    10863 Washington St Indianapolis, IN 46229
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    Indianapolis, IN 46229
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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
    10863 Washington St Indianapolis, IN 46229
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