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Property profile & analytics
OFF-MARKET
Medical Office Space

5005 Stop 11th Rd Indianapolis, IN 46237-9447

4,020 SF 0.43 ac lot Built 2005
Trust Owned 6-yr Hold Free & Clear
Property ID
US31-1276209
Property summary
AI-generated overview

This exceptional 4,020-square-foot executive office building, constructed in 2005, presents a unique opportunity in the thriving south Indianapolis healthcare market. Situated on a 0.43-acre lot at 5005 E Stop 11 Rd, Indianapolis, IN 46237, this single-tenant property offers immediate occupancy. The building's convenient location in the southwest quadrant of Stop 11 Road and Emerson Avenue ensures high visibility and easy access for clients and employees. The 4,020 square feet of space is entirely vacant and ready for immediate customization. The building features a welcoming reception area, complemented by numerous private offices and exam rooms, making it ideally suited for medical practices or other professional businesses. The brick exterior provides a professional and durable aesthetic. The property's location within Marion County offers access to a robust infrastructure and a strong local economy. This freestanding building provides ample parking and excellent visibility, making it an attractive option for businesses seeking a prominent presence in a high-demand area. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. This is a rare opportunity to acquire a well-maintained, single-tenant office building in a prime location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2005
Construction TYPE NOT SPECIFIED
Total area 4,020 SF
Lot 0.43 ac (18,798 SF)
Zoning code ZO01
APN 49-15-21-107-023.000-500
UPID US31-1276209
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
  • Back to Health Alternative Medicine Practice
  • Select Physical Therapy Physician
  • Michael Walsh Physician
  • Robin Austin Physician
  • Mr. Darin Wettschurack Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
5005 East Stop 11 Road Trust · 6 yrs held
5005 East Stop 11 Road Trust
since 2019
2 recorded transactions
2019
Price N/A
2019
$425,000
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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