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Property profile & analytics
OFF-MARKET
Commercial land

8144 Southport Rd Indianapolis, IN 46259-6806

1.25 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-3245384
Property summary
AI-generated overview

This prime 1,927 square foot retail endcap space is located within a thriving retail center in rapidly growing Franklin Township. Anchored by a Kroger grocery store, this bustling center also includes well-established businesses such as Taco Bell, ExtraSpace Self-Storage, Pet Hollywood, and Big Red Liquors, ensuring high visibility and consistent foot traffic. The property boasts excellent access and is situated for maximum exposure. The building features a full complement of utilities including gas, sewer, and electric service. Fire-rated demising walls provide security and separation. The space includes convenient 3' rear egress/exit doors, a durable rubber membrane roof system, and attractive aluminum storefront with clear glass. The roof is designed to accommodate 3, 4, or 5-ton HVAC units, and telephone conduit is already in place. The total building size is 6,543 square feet, situated on 2 acres of land, and the property has 120/208 Volt, 3-phase, 4-wire power. The cross street is Southport Road. This is a remarkable opportunity for businesses seeking a high-impact location in one of the city's fastest-growing areas. The single-tenant occupancy provides flexibility and control.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.25 ac (54,537 SF)
Zoning code ZO01
APN 49-16-07-113-003.001-300
UPID US31-3245384
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
  • Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Drgsf Surplus LLC · 2 yrs held
Drgsf Surplus LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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