5214-5226 East St Indianapolis, IN 46227
Park 31 South, located at 5214-5226 S East St, Indianapolis, IN 46227, offers a unique opportunity to lease prime office space. This Class B property, built in 1978, boasts a total of 41,104 square feet spread across five buildings (A, B, C, D, & E). Currently, 594 square feet of move-in ready space is available for lease. The property is ideally suited for executive, medical, professional, or dental office uses, offering multiple tenancy options. The park-like setting provides convenient parking and easy access for clients and employees. Each suite features ample natural light from abundant windows and flexible floor plans allowing for customized build-outs to meet specific business needs. Special first-year lease rates are available. This Marion County location provides a variety and flexibility in a single, prime location. The property is situated at 39.6908562 latitude and -86.149301 longitude.
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Park 31 South Business Service Center Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.