5060 62Nd St Indianapolis, IN 46220
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.
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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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.