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Property profile & analytics

5990 Raymond St Indianapolis, IN 46203

  • Commercial real estate
  • 1,296 SF
  • 0.48 lot acres
Value Estimation
Last Sale
Jul 07, 2021
Location Intelligence
Property ID
US31-1280498
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • A Comfortable Climate / Hvac Contractor / Air Conditioning Contractor

Property Details for 5990 Raymond St

Year built
1956
Construction
WOOD
Lot size
0.48 lot acres
Property size
1,296 SF
Property type
Commercial real estate
APN
49-10-15-122-003.000-700
APU
491015122003000700

Description

This exceptional 20,423 square foot vacant commercial property presents a remarkable investment opportunity in Indianapolis, Indiana. Located at 5990 E Raymond St, in Marion County, this property boasts a prime corner location and is zoned C-3, offering considerable versatility for a range of commercial uses. The asking price is $279,000, translating to a price per square foot of $13.66. The building's substantial size, coupled with its flexible zoning, makes it ideal for an auto shop, but also presents possibilities for a convenience store, smoke shop, or other similar businesses. The 0.47-acre lot provides ample space for operations and potential expansion. The property is currently vacant, allowing for immediate occupancy and customization to suit a new owner's specific needs. Its location in Indianapolis, within the 46203 zip code, offers excellent access to transportation routes and a strong customer base. This is a rare chance to acquire a large, well-situated commercial property at an attractive price point in a thriving market. The property's size and zoning provide a significant advantage for entrepreneurs seeking a substantial space to establish or expand their business. Don't miss this chance to secure a prime commercial location in Indianapolis.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.0641
Latitude
39.7392
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,378
$45,800
$37,000
$82,800
-
$45,800
$37,000
$82,800
More about this property
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