Property profile

5218 S East St Indianapolis, IN 46227

FOR SALE
Office buildings
Property ID
US31-Q002833
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Property summary

AI-generated overview

Introducing a prime investment opportunity in the Indianapolis area! This 5,673 SF building at 5218 S. East St. presents an ideal space for office building investors. This property offers spaces ranging from 1,102 to 2,980 square feet, providing great long-term equity building & control over workspace. With below-market rents, investors can capitalize on this lucrative asset & tailor it to their specific needs. Owner-user opportunity 5,673 SF office building for sale Great long-term equity building & control over workspace Below-market rents Prime location just off of US 31 & very close proximity to I-465 Customizable interiors & flexible floor plans

Property profile

Verified
Property type Office buildings
UPID US31-Q002833

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
  • Medical Clinic Physician
  • Family Counselor
  • Medical Clinic
  • Charitable Organization Social Service Agency
  • Counselor

Location

5218 S East St Indianapolis, IN 46227
Indianapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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