5970 S Madison Ave
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5970 S Madison Ave
1,025 SF Retail Building Indianapolis, IN 46227 $425,000 ($415/SF)
INVESTMENT HIGHLIGHTS
- Corner Lot
- Operational Signage
- Heavy Traffic
EXECUTIVE SUMMARY
Corner intersection lot with two curb cuts. Functional rotating sign. Recently renovated. Zoning C-3
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,025 SF
Building Class
C
Year Built
1967
Price
$425,000
Price Per SF
$415
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.23 AC
Zoning
C3 - C-3 Primarily retail uses.
Parking
8 Spaces (7.8 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-15-06-146-002.000-500 | Total Assessment | $133,700 (2023) |
| Land Assessment | $44,700 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $89,000 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
49-15-06-146-002.000-500
Land Assessment
$44,700 (2023)
Improvements Assessment
$89,000 (2023)
Total Assessment
$133,700 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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5970 S Madison Ave
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