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Property profile & analytics
OFF-MARKET
Retail space

2222 Southport Rd Indianapolis, IN 46217-9426

17,661 SF 1.85 ac lot Built 2006
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US31-3538687
Property summary
AI-generated overview

This exceptional 16,409 square foot retail center, built in 2007, is situated on a 1.92-acre lot in Indianapolis, Marion County, Indiana (zip code 46217). The property boasts a highly desirable location at 2222 W Southport Rd, offering excellent visibility and accessibility. Currently, three spaces are available, ranging from 1,326 to 2,058 square feet, perfect for a variety of retail businesses. The center benefits from its proximity to major thoroughfares, including I-465 (just 2.4 miles south, exit 4) and US-37 South, which boasts over 36,000 vehicles daily. The intersection of I-465 and US-37, just north of the property, sees nearly 110,000 vehicles per day, ensuring high traffic volume and excellent exposure for tenants. This area is characterized by low vacancy rates due to high demand, making it an ideal location for business ownership and operation. The property is conveniently located approximately 20 minutes from downtown Indianapolis. This is a rare opportunity to acquire a well-established retail center in a thriving market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction TYPE NOT SPECIFIED
Total area 17,661 SF
Lot 1.85 ac (80,455 SF)
Zoning code ZO01
APN 49-14-09-124-009.000-500
UPID US31-3538687
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
  • Ryan Owens: Allstate Insurance Insurance Agency
  • Anytime Fitness Gym & Fitness Center
  • Schaefer Development Marketing & Advertising
  • INDYS BURGER JOINT Restaurant
  • Don Cuervo Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
State Of Indiana · 5 yrs held
State Of Indiana
since 2020
Last sale
$61,050
5 recorded transactions
2025
Price N/A
2020
Price N/A
2019
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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