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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5060 62Nd St Indianapolis, IN 46220

35,941 SF 4.07 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 5060 E 62nd St, Indianapolis, IN 46220, offers a total of 35,941 square feet on a 4.07-acre lot. The property is zoned C-3 and features multiple tenancies, with two spaces currently available, ranging from 2,370 to 4,660 square feet. Its flexible design caters to a variety of businesses, including retail storefront, medical, professional, and light industrial uses. The building enjoys a prime location on a major north-south corridor, Binford Boulevard, providing excellent connectivity to downtown Indianapolis, and easy access to the northeast side and surrounding Hamilton County communities such as Fishers, Carmel, and Noblesville. This strategic position ensures high visibility and accessibility for customers and employees alike. Ample parking is available, further enhancing the property's appeal. The property presents a unique opportunity for businesses seeking a blend of visibility, accessibility, and growth potential in a thriving commercial area. This is an excellent chance to establish or expand your business in a highly desirable location. The property's flexible zoning and spacious layout offer considerable adaptability to suit a wide range of business needs.

Property profile
Verified
Property type Retail properties & Spaces
Total area 35,941 SF
Lot 4.07 ac (177,289 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stepping Stones Child Care Daycare Center
  • The Spotlight Center NE Community Center
  • The Prayer Room Movement Church Mosque
  • 530 Credit Repair Indianapolis IN Financial Advisor
  • THE SPOT CHURCH Church Mosque
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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