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Property summary
This newly constructed, 17,000 square foot commercial property in Indianapolis, Indiana, offers a unique pre-leasing opportunity. Located at 5901 E. Thompson Rd., at the southwest corner of E. Thompson Rd. and S. Arlington Ave. in Franklin Township, this single building boasts over 250 feet of frontage on E. Thompson Rd., providing excellent visibility and accessibility. The property is ideally situated for various uses, including medical offices, coworking spaces, creative offices, and… executive suites, as well as retail options. Flexible suite sizes ranging from 3,500 to 17,000 square feet are available, allowing for customization to meet specific tenant needs. The building's strategic location benefits from convenient access to both E. Thompson Rd. and Arlington Ave., with an additional access road from Arlington Ave. enhancing north-south transit. This vibrant area is surrounded by established businesses, including CVS, Village Pantry, Dollar General, local restaurants, and medical/dental offices. Major retailers such as Kroger Marketplace, Walmart Supercenter, Lowe's, and VASA Fitness are also nearby, ensuring high foot traffic and a strong customer base. The property's proximity to Greenwood Park Mall and Franciscan Health Indianapolis further enhances its appeal. This location offers exceptional opportunities for businesses seeking a dynamic and thriving environment in a community-oriented retail hub, close to Emerson Ave. and I-465. The year of construction is 2025, and the property is in Marion County, with a zip code of 46237.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 2.08 ac
- APN
- 49-15-03-117-003.000-300
- Zoning
- ZO01
- Assessed value · 2023
- $253,200
- Annual tax · 2023
- $6,246
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $6,246
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Ownership
- Owner Contacts
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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