Technical
Financial
Distress signals
Property profile

1047 Virginia Ave Indianapolis, IN 46203

OFF-MARKET
Retail space
Property ID
US31-0256814
57,971 SF 0.67 ac lot Built 1884
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1884
Construction TYPE NOT SPECIFIED
Total area 57,971 SF
Lot 0.67 ac (29,124 SF)
Zoning code ZO01
APN 49-11-12-196-001.000-101
UPID US31-0256814

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1047 Virginia Ave Indianapolis, IN 46203
Indianapolis metro Census 355900 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$725k

Owner & transaction history

since 2009
7 recorded transactions
2017
Price N/A
2017
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

ZO01 · Indianapolis, IN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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