Realmo Analytics

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Property profile

5726 Professional Cir Indianapolis, IN 46241

FOR LEASE
Office Spaces
Property ID
US31-0540855
25,648 SF 1.93 ac lot Built 1972
Last sale Dec 2019 · $1,295,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This two-story, Class B office building, totaling 25,648 square feet, offers flexible lease options ranging from 900 to 12,500 contiguous square feet. Currently, 13,454 square feet are available for lease in this multiple-tenant building situated on a 1.93-acre lot. Built in 1972 and renovated in 2011, the property boasts recently upgraded features including a high-efficiency HVAC system and LED lighting, further enhanced by a Building Energy Management System. Enjoy the convenience of ample…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$46k
Tax billed · 2023
Assessed value$1.36M
Assessed land$255k
Assessed improvement$1.11M
Effective rate3.35%

Value estimate

· Oct 2026
$1.16M
$1.04M – $1.28M
Submarket $/SF estimate$1.25M
NOI build-up
Gross scheduled income$200k
Vacancy & credit loss−$17k
Operating expenses−$55k
NOI · 1,022,840.00% cap applied$128k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 181 recorded sales of this use type
Observed band · Q1–Q3$30 – $120

Cap rate analysis

How does the asset earn?
1,022,840.00%
$128k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.1
Restaurant12.5
Spa & Massage12.5

Location

5726 Professional Cir Indianapolis, IN 46241
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 13 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5707 Chelsea, Indianapolis, IN 46241-3313 $355,000 Jun 2024 5,440 SF
5715 Decatur, Indianapolis, IN 46241-9561 $425,000 Jun 2019 4,790 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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