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5237-5243 Rockville Rd
Indianapolis, IN 46224
Retail Property For Sale
Investment Highlights
- 1 mile from I-465
- Hard Corner with over 200' of frontage
- C-3 Zoning
Executive Summary
Located on a Hard corner at Rockville Road & Lynnhurst, this 4,524 SF building offers a flexible layout ideal for retail, office, or service-based users. C-3 zoning supports a wide range of permitted uses including neighborhood retail, professional services, restaurant concepts, and personal care businesses. With over 20,000 cars per day along this stretch, the site benefits from strong exposure and consistent traffic flow. The property does require renovation, presenting a value-add opportunity to reposition, customize, and maximize its potential. On-site parking and excellent frontage further enhance accessibility, making this a strong option for investors or businesses looking to establish a presence in a well-traveled corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,524 SF
Building Class
C
Year Built
1975
Price
$751,817 CAD
Price Per SF
$166.18 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.68
Lot Size
0.15 AC
Zoning
C3 - Office/Retail
Parking
5 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
214’ on Rockville Road
Amenities
- Corner Lot
Property Taxes
| Parcel Number | 49-11-07-122-004.000-900 | Improvements Assessment | $141,205 CAD |
| Land Assessment | $59,872 CAD | Total Assessment | $201,077 CAD |
Property Taxes
Parcel Number
49-11-07-122-004.000-900
Land Assessment
$59,872 CAD
Improvements Assessment
$141,205 CAD
Total Assessment
$201,077 CAD
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