6111 Emerson Ave Indianapolis, IN 46237
This exceptional 3,000 square foot property, situated on a 1.23-acre lot in Indianapolis, Indiana, presents a unique investment opportunity. The single-story building, currently vacant, offers versatile zoning (DA, C4) allowing for a variety of commercial uses. Previously used as a residential dwelling with three bedrooms and two bathrooms, the existing structure is adaptable for retail, office, salon, daycare, lawn care, or nursery businesses. The property boasts approximately 175 feet of frontage on Emerson Avenue, near the intersection of Emerson Ave and Edgewood. Its prime location provides convenient access to I-65 and I-465, within a five-minute drive. A newly constructed gas station is adjacent to the property, and a future residential development is planned across the street, promising increased foot traffic and visibility. The ample land offers significant expansion potential. This is an ideal location for businesses seeking high visibility and convenient access to major transportation arteries. The Marion County address is 6111 S Emerson Ave, Indianapolis, IN 46237.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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