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    FOR SALE
    Office Spaces

    5957 Lakeside Blvd, Indianapolis, IN 46278

    89,832 SF 6.89 ac lot Built 1986
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US31-0665453
    5957 Lakeside Blvd, Indianapolis, IN 46278 For Sale
    $13,510,000 89,832 SF
    5957 Lakeside Blvd, Indianapolis, IN 46278
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    Property summary
    AI-generated overview

    This exceptional Class A office building in Indianapolis, Indiana, offers a unique investment opportunity. The 87,833 square foot, single-story building sits on a 7.34-acre lot and boasts a 97.6% occupancy rate with four credit-rated tenants. Constructed in 1986, the property features a modified lease structure and is owned fee simple. The building serves as the Indiana state headquarters for both the U.S. Geological Survey and the U.S. Department of Agriculture, providing exceptional stability and long-term income potential due to the strong government lease. The property benefits from a prime location, offering convenient access to Interstate 465 and numerous amenities, while being just 15 minutes from downtown Indianapolis and the Indianapolis International Airport. Ample parking is available with 397 surface spaces. This is a rare chance to acquire a mission-critical facility with a superior tenant profile and strong investment-grade returns. The building has been renovated to suit the needs of the USDA/USGS and represents a best-in-class asset.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1986
    Construction TYPE NOT SPECIFIED
    Total area 89,832 SF
    Lot 6.89 ac (299,911 SF)
    Zoning code ZO01
    APN 49-04-35-122-038.000-600
    UPID US31-0665453
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • US Geological Survey Sustainability Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.95M
    Owner & transaction history
    Buildings 5 & 7 LLC
    Buildings 5 & 7 LLC
    1 recorded transaction
    1969
    Zoning & alternative use
    ZO01 · Indianapolis, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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