Financial
Distress signals
Property profile

5957 Lakeside Blvd Indianapolis, IN 46278

FOR SALE
Other office properties
Property ID
US31-0665453
89,832 SF 6.89 ac lot Built 1986
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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5957 Lakeside Blvd, Indianapolis, IN 46278 For Sale
Contact for pricing 89,832 SF
5957 Lakeside Blvd, Indianapolis, IN 46278
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Property summary

AI-generated overview

The property consists of a 2,198-square-foot office unit within an 89,805-square-foot commercial building. The space features large windows for natural light and includes both dock and drive-in loading access. Parking is provided for employees and visitors. The building is located with access to Interstate 465 and Interstate 65, and it is situated near retail, dining, and hotel facilities, with downtown Indianapolis and Indianapolis International Airport each approximately 15 minutes away.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$109k
Tax billed · 2023
Assessed value$4.66M
Assessed land$990k
Assessed improvement$3.67M
Effective rate2.33%

Value estimate

· Sep 2026
$1.95M
$1.76M – $2.15M
NOI build-up
Gross scheduled income$1.94M
Vacancy & credit loss−$359k
Operating expenses−$395k
NOI · 8.78% cap applied$1.19M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 181 recorded sales of this use type
Observed band · Q1–Q3$30 – $120

Cap rate analysis

How does the asset earn?
8.78%
$1.19M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage8.8
Realty agency9.2
Department Store6.9

Location

5957 Lakeside Blvd Indianapolis, IN 46278
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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