Property profile

5060 62Nd St Indianapolis, IN 46220

OFF-MARKET
Retail properties & Spaces
35,941 SF 4.07 ac lot
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Daycare Center
  • Community Center
  • Church Mosque
  • Financial Advisor
  • Church Mosque

Location

5060 62Nd St Indianapolis, IN 46220
Indianapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5060 62Nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message