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Property profile & analytics

8810 Emerson Ave Indianapolis, IN 46237-8581

  • Retail space
  • 34,080 SF
  • 4.86 lot acres
OFF-MARKET
Last Sale
Jul 30, 2024
Value Estimations
$565,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-1150650
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

  • Energy Spot South / Restaurant
  • Gold Coffee Pancake House / Breakfast Restaurant
  • YUMMY BOWL / Restaurant
  • i.d. SPOT / Pet Supply Store
  • Nail Studio / Nail Salon

Property Details for 8810 Emerson Ave

Year built
2002
Construction
TYPE NOT SPECIFIED
Lot size
4.86 lot acres
Property size
34,080 SF
Zone code
ZO01
Property type
Retail space
APN
49-15-21-111-008.000-500
APU
491521111008000500

Description

This exceptional retail outlot, located at 8810 S Emerson Ave in Indianapolis, Indiana, presents a unique investment opportunity. Situated on a parcel ranging from 0 to 1 acre in Marion County, this single-tenant property is ideally suited for a restaurant. The site boasts significant visibility due to its location at a super-regional intersection with high traffic volume (60,000 vehicles per day) on County Line Rd and Emerson Ave. This high-traffic area is surrounded by a strong concentration of national retailers, including Kroger Marketplace, Costco, Walmart Supercenter, Floor & Décor, and many more, ensuring high foot traffic and brand recognition. The property offers the potential for a drive-thru, further enhancing its appeal and operational efficiency. The surrounding area demonstrates strong daytime demographics, bolstered by the presence of major employers such as Franciscan Health Hospital (1,600 full-time employees). This rapidly developing retail and restaurant corridor in Johnson County makes this outlot an exceptional opportunity for build-to-suit development or ground lease. The property is zoned for retail use and offers up to 2,000 square feet of space. This location provides unparalleled access to a thriving consumer base and presents a compelling opportunity for long-term growth and profitability.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $565,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.0842
Latitude
39.6394
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
$93,448
$1,754,100
$1,590,500
$3,344,600
-
$1,754,100
$1,590,500
$3,344,600
More about this property
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