Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Retail properties & Spaces
10020 30th St Indianapolis, IN 46229-1366
Individually Owned
7-yr Hold
Free & Clear
Property ID
US31-3185664
Property summary
AI-generated overview
This exceptional 8,320-square-foot retail property, situated on a 1.25-acre lot in Indianapolis, Indiana, presents a unique investment opportunity. Built in 2018, the single-story building boasts a convenient single-tenant layout, previously occupied by a Family Dollar store. The property's strategic location at the northeast corner of E 30th Street and Mitthoefer Road ensures high visibility and accessibility, benefiting from a combined 26,944 Annual Average Daily Traffic (AADT). The C-3 zoning allows for a variety of retail uses, making it adaptable to diverse business needs. The building itself features two existing restrooms, enhancing its functionality, and a rear delivery door for efficient logistics. The property's address is 10020 E 30th St, Indianapolis, IN 46235, and its Marion County location (APN: 49-08-21-114-020.000-700) offers excellent access to major transportation routes and a thriving consumer base. This turnkey retail space is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a high-traffic location with established infrastructure. The property is offered as a sublease.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2018
Construction
METAL FRAME
Total area
8,320 SF
Lot
1.25 ac (54,388 SF)
Zoning code
ZO01
APN
49-08-21-114-020.000-700
UPID
US31-3185664
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$845k
Blend (final)
Blend
$750k
Owner & transaction history
Janko Sopcic · 7 yrs held
Janko Sopcic
since 2019
2 recorded transactions
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Auto repair, garage
$665,000
+6.6%
Commercial (general)
$625,000
+0.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Indianapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indianapolis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$620,000
Current use
AUTO REPAIR, GARAGE
$665,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$625,000
Change: +0% · Conversion: Easy
INDUSTRIAL (GENERAL)
$520,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$90 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,314
Tax year 2023
Assessed value
$707,200
Assessed 2023
Previous assessed
$707,200
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$179,500
Assessed improvement
$527,700
Land market value
$179,500
Improvement market value
$527,700
Total market value
$707,200
Applied tax rate
700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2018
Construction
METAL FRAME
Heating
NONE
Stories
1
Total area
8,320 SF
Lot
1.25 ac (54,388 SF)
Zoning code
ZO01
APN
49-08-21-114-020.000-700
UPID
US31-3185664
Jurisdiction
MARION
Zoning & alternative use
ZO01 · Indianapolis, INZoning ZO01 · permitted uses
ZO01 · Indianapolis, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$625,000
INDUSTRIAL (GENERAL)
Est. value
$520,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
METAL FRAME
Heating
NONE
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Janko Sopcic
Individual
Free & Clear · 7 yrs held
Mailing address
26221 S CAMBRIDGE DR, CRETE, IL 60417-4689
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2019
$1,900,000
Janko Sopcic
Morning Star Partners LLC
Grant Deed
—
Jan 27, 2017
$240,000
Morning Star Partners LLC
Armor Dev Co LLC
Grant Deed
$25,200,000 · First Fin'l Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10020 30th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
