5022 Rockville Rd - Office FOR SALE


Indianapolis, IN 46224- Garden City
$700,000 USD
317-460-6718
5022 Rockville Rd, Indianapolis, IN for Sale
$700,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

5022 Rockville Rd
Indianapolis, IN 46224
Garden City


OVERVIEW

Exceptional opportunity to acquire a fully improved, mixed-zoned property along Rockville Road — combining 5022 Rockville Road (1.0 acre, C-3) and 5032 Rockville Road (3.0 acres, I-1). Together, these parcels offer an ideal blend of an existing and turnkey office building, redevelopment potential, and shovel-ready entitlement work. The property at 5022 Rockville Road features a 1,800 square-foot stand-alone office building that has been recently renovated and fully furnished. The building includes private and shared offices, a conference room, kitchenette, and upgraded finishes throughout, creating a professional yet comfortable environment. A newer solar and metal roof enhances energy efficiency, and a two-car detached garage on site provides valuable storage or light service space. With excellent visibility and signage along Rockville Road, the office is ideal for a small business or professional tenant. Immediately behind the office, 5032 Rockville Road comprises three acres of light industrial land with preliminary development plans for up to 40,000-square-feet of flex warehousing. All curb cuts, utility connections, and site plans have been coordinated, allowing a buyer to move directly into the final planning and permitting for a new development that meets their needs. All design documents and civil plans are available and included with the purchase. The site offers immediate infrastructure readiness from Rockville Road and the adjacent property to the west (utility easement pending final negotiation). All site plans, development drawings, and supporting documentation are available upon request and included with the sale.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$389 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C3C5

APN/PARCEL ID

49-11-06-105-073.000-900

ASK ABOUT THIS PROPERTY

Eric AhonenMeridian and Market CREMore Info
317-460-6718

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Eric AhonenMeridian and Market CREMore Info
317-460-6718

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.