5356 Hillside Ave Indianapolis, IN 46220-3461
This single-story, 5,252 square foot office building at 5356 Hillside Ave, Indianapolis, IN 46220, is available for $499,900 ($95.18/sq ft). Built in 1965, this vacant property sits on a 0.62-acre lot and is zoned C-1. The building offers ample parking with 24 spaces, and features generous floor plans adaptable to various business needs. Modern amenities include high-speed internet, advanced HVAC, energy-efficient lighting, and ample storage. The property boasts a professional atmosphere with a welcoming reception area and well-maintained common areas. Enhanced security features include surveillance cameras and secure access controls. Its prime location offers easy access to major highways, public transportation, and local amenities. The building's flexible layout allows customization to meet specific business requirements. Well-manicured landscaping provides a pleasant exterior environment.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
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.