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    5383 Rockville Rd Indianapolis, IN 46224-9111
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    Property profile & analytics

    5383 Rockville Rd, Indianapolis, IN 46224-9111

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    • Commercial real estate
    • 6,098 SF
    • 0.14 lot acres
    Off-Market
    Property ID
    US31-1178808
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grindstone Charley's / Restaurant

    Property Details for 5383 Rockville Rd

    Year built
    1995
    Lot size
    0.14 lot acres
    Zone code
    ZO01
    Property type
    Commercial real estate
    APN
    49-12-12-122-114.000-900
    APU
    491212122114000900

    Description

    This exceptional 5,178 square foot restaurant property is located at 5383 Rockville Rd, Indianapolis, IN 46224, in Marion County. Situated on a 1.52-acre lot, this single-tenant retail space boasts a highly visible location with easy access and a pylon sign. The property benefits from its position within a dense residential area, with a substantial daytime population of 95,425 within a 3-mile radius. Rockville Road, where the property is situated near I-465, experiences a high daily traffic volume of 30,509 cars. The asking price is $995,000, with a triple net lease rate of $19.00 per square foot. This turnkey opportunity includes existing furniture, equipment, and a valuable 3-way liquor license, making it an attractive investment for a restaurateur. The property's prime location and high visibility ensure significant potential for success. This is a rare opportunity to acquire a well-established restaurant with all the necessary assets in place.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2512
    Latitude
    39.7644
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,008
    $26,800
    $3,300
    $30,100
    -
    $26,800
    $3,300
    $30,100
    More about this property
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