5230 Park Emerson Dr, Indianapolis, IN 46203
For Lease
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This exceptional flex space, part of the Emerson Industrial Park, offers 8,000 square feet of versatile industrial space in Indianapolis, Indiana. Located at 5230 Park Emerson Dr, zip code 46203, this property is situated in Marion County and benefits from a CS zoning designation, ideal for a blend of office and industrial uses. The building boasts a substantial 24-foot clear ceiling height, providing ample room for various operations. Convenient loading options include both dock-high and drive-in capabilities, ensuring efficient material handling. Ample parking is available on-site, accommodating employees and clients with ease. The location offers exceptional accessibility, with easy access to major interstates I-465, I-65, and I-74, facilitating seamless transportation throughout the region. Furthermore, the property enjoys a prime location, just 15 minutes away from Downtown Indianapolis and the Indianapolis International Airport, enhancing its appeal for businesses needing convenient access to transportation hubs. The surrounding area is rich with amenities, including nearby retail centers, restaurants, and hotels, providing employees and visitors with a variety of options for dining, shopping, and accommodation. The total building size of Emerson Industrial Park is 108,266 square feet, indicating a substantial and well-established industrial complex. This 8,000 square foot space presents a unique opportunity within a thriving industrial park.
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Design & Build Electric Electrical Service General Contractor
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Guiney Delivery Services Trucking Company
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Pack Away Hunger, Inc. Charitable Organization Social Service Agency
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Park Embroidery Designs LLC Production Facility Textile Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.