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5210 Commerce Circle

Indianapolis, IN 46237

ActiveListed Sep 1, 2026 · 2 days on market

Key facts

Living area
11,100 sqft
Lot
1.03 acres
Year built
2009
Type
Commercial Sale · Industrial
MLS #
22123660
County
Marion
Total building area
11,100 sqft

About this home

For Sale: 5210 Commerce Circle, Indianapolis, IN 46237. This 11,000 square foot commercial building offers a compelling investment with stable in-place tenancy and future upside. The property features three suites-A, B, and C-currently occupied by a home health care service and an automotive body shop, demonstrating the building's versatility for a wide range of service, professional, or light industrial users. Suite C is secured by a long-term lease at $85,000 per year for 12 years, with a market rate adjustment scheduled at Year 5. Suite A and B are leased by the same tenant, totaling $63,600 per year. Positioned just off Southport Road and Emerson Avenue, the property offers immediate access to I-65, I-465, and US-31, placing it within minutes of Downtown Indianapolis, Greenwood, Southport, and a rapidly growing network of commercial and residential development. The Southside market has seen consistent growth in population, traffic demand, and business expansion, making this location a strategic placement for both existing operations and future value appreciation. Nearby amenities include retail centers, restaurants, medical offices, logistics hubs, and major service providers, further enhancing tenant attraction and retention. This offering delivers a strong foundation of cash flow with long-term stability and clear upside potential-an attractive opportunity for investors seeking a proven commercial asset in a high-growth corridor.

Description provided by the listing brokerage.

Interior

Security
Closed Circuit Camera(s)Security FenceSecurity GateSecurity LightsSecurity System

Exterior

Roof
Metal
Parking and garage
CommonAsphaltElectric GateElectric Vehicle Service Equipment (EVSE)Garage Door OpenerGatedHeated GarageGarage Faces SideStorageWorkshop in Garage
Fencing
Chain LinkFullGateSecurity
Other equipment
Varies by Unit

Systems

Heating
Forced Air
Cooling
Central Air
Utilities
Electricity ConnectedNatural Gas Available

Lot and HOA

Zoning
C4

Schools

School district
Franklin Township Com Sch Corp

Taxes

Estimated annual tax
$9,964 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$10,264per month, estimated
Principal and interest $8,821Property tax $830Insurance $613
20% · $350,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$1,750,000
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