Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8451 Emerson Ave Indianapolis, IN 46237-9524

    • Medical offices
    • 16,646 SF
    • 2.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 09, 2020
    Location Intelligence
    Property ID
    US31-3234631
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • James Beeson / Emergency Care Physician
    • Ascension St. Vincent Indianapolis South - Emergency / Emergency Room / Emergency Care Service

    Property Details for 8451 Emerson Ave

    Year built
    2017
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.16 lot acres
    Property size
    16,646 SF
    Zone code
    ZO01
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    49-15-22-115-007.001-300
    APU
    491522115007001300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0818
    Latitude
    39.6435
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $1,088,600
    $1,879,300
    $2,967,900
    -
    $1,088,600
    $1,879,300
    $2,967,900

    Comparable in this City

    • Value Estimation
      $275,000
      0.71 Acres

      7830 Mcfarland Ln, Unit 1

      MEDICAL BUILDING • 0.71 Acres
      7830 Mcfarland Ln, Indianapolis, IN 46237-4708
      View Details
    • Value Estimation by Request
      6,613 SF

      5545 Stop 11th Rd

      MEDICAL BUILDING • 6,613 SF
      5545 Stop 11th Rd, Indianapolis, IN 46237-8616
      View Details
    • Value Estimation by Request
      8,399 SF

      5895 Thompson Rd

      MEDICAL BUILDING • 8,399 SF
      5895 Thompson Rd, Indianapolis, IN 46237-2206
      View Details
    • Value Estimation by Request
      7,788 SF

      6801 Gray Rd

      MEDICAL BUILDING • 7,788 SF
      6801 Gray Rd, Indianapolis, IN 46237-3263
      View Details
    • Value Estimation by Request
      44,294 SF

      5230 Stop 11th Rd

      MEDICAL BUILDING • 44,294 SF
      5230 Stop 11th Rd, Indianapolis, IN 46237-6398
      View Details
    • Value Estimation by Request
      102,780 SF

      8051 Emerson Ave

      MEDICAL BUILDING • 102,780 SF
      8051 Emerson Ave, Indianapolis, IN 46237-8600
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      34,700 SF

      Versatile Former Medical Suite

      Divisible medical suite with access to downtown and interstate.
      7855 S Emerson Ave | Indianapolis, Indianapolis, IN 46237
      View Details
    • $550,000
      2 SF

      Prime Retail/Medical Land Opportunity

      2.08 acres ideal for retail or medical development.
      5901 E Thompson Rd, Indianapolis, IN 46237
      View Details
    • $700,000
      Pending

      Indianapolis Flex Building with Warehouse

      Flex building with office and warehouse space on 1.04 acres.
      5195 Commerce Cir, Indianapolis, IN 46237
      View Details
    • $1,311,752
      6,745 SF

      Fully Leased Office Building

      Leased office building on 1.28 acres, potential medical conversion.
      6745 Gray Rd, Indianapolis, IN 46237
      View Details
    • $2,178,000

      Land with Development Potential

      Land with mature trees and extensive storm water system.
      5500 W Thompson Rd, Indianapolis, IN 46237
      View Details
    • Contact for pricing
      61,337 SF

      61,337 SF Industrial Space

      61,337 SF industrial space with heavy power and ESFR.
      5343 Commerce Square Dr, Indianapolis, IN 46237
      View Details

    Similar Nearby for Lease

    • New
      $5,385 /Mo
      51,420 SF

      Professional Office Space Near I-65

      3,800 SF office space near Franciscan Health and I-65.
      5136 E Stop 11 Rd, Indianapolis, IN 46237
      View Details
    • $3,635 /Mo
      11,859 SF

      Move-in Ready Indianapolis Medical Office

      Highly visible medical office space in a convenient Indianapolis location.
      8360 S Emerson Ave, Indianapolis, IN 46237
      View Details
    • $12,545 /Mo
      11,859 SF

      Move-in Ready Indianapolis Medical Office

      Highly visible medical office space in a convenient Indianapolis location.
      8360 S Emerson Ave, Indianapolis, IN 46237
      View Details
    • New
      $3,165 /Mo
      10,429 SF

      Franklin Township Office Space Available

      2,300 SF office suite in prime Indianapolis location.
      5144 E Stop 11 Rd, Indianapolis, IN 46237
      View Details
    • $21 SF/Yr
      4,020 SF

      Prime Indy Executive Office Space

      4,020 SF Freestanding Office Building
      5005 Stop 11 Rd, Indianapolis, IN 46237
      View Details
    • $700 /Mo
      7,470 SF

      Small Office Space For Rent

      385 sq ft office with two private rooms.
      5170 Commerce Cir, Indianapolis, IN 46237
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8451 Emerson Ave
    Indianapolis, IN 46237-9524
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.