8810 Emerson Ave Indianapolis, IN 46237-8581
- Retail space
- 34,080 SF
- 4.86 lot acres
Jul 30, 2024
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
-
AI approach
- Method
- Estimation
- ML approach
- $565,000
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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