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    Property profile & analytics

    11578 Allisonville Rd Fishers, IN 46038

    • Auto shops
    • 7,044 SF
    • 0.94 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Mar 31, 2025
    $2,300,000
    Location Intelligence
    Property ID
    US31-3572551
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Big O Tires / Car Battery Store / Car Repair And Maintenance Service

    Property Details for 11578 Allisonville Rd

    Year built
    1992
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.94 lot acres
    Property size
    7,044 SF
    Property type
    Auto shops
    APN
    29-14-02-001-004.000-006
    APU
    291402001004000006

    Description

    This 7,375 square foot auto shop, built in 1992, is situated on a 0.95-acre lot at 11578 Allisonville Rd, Fishers, IN 46038 (APN: 29-14-02-001-004.000-006). The single-story building is zoned C-3 and offers 25 parking spaces. Its prime location on Allisonville Road ensures high visibility and strong daytime traffic. The property benefits from its proximity to major thoroughfares, including I-69 and 116th Street, and is minutes away from The Station, providing easy access to the Fishers District and The Union, which boast numerous restaurants, bars, retail options, and luxury apartments. This thriving area is part of Hamilton County, known for its high income and rapid growth. The property is surrounded by established national tenants such as Starbucks, Dunkin' Donuts, Papa John's, and CVS, further enhancing its desirability. Fixtures, furniture, and equipment (FF&E) are negotiable. This owner-user investment opportunity presents a compelling combination of location, size, and potential. The property is currently occupied, so please do not disturb the tenant.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,085,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,315,000
      6.5%
      $2,485,000
      7%
      $2,380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,415,000
      Geo Method
      $2,495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,275,000
      Retail
      $2,285,000
      Mixed-Use
      $1,990,000
      Hospitality
      $2,230,000
      Educational
      $2,390,000
      Residential Income
      $2,335,000
      Energy
      $2,125,000
      Income-Based Land
      $2,315,000
      Food Service
      $2,265,000

    Location Insight

    • Map
    • Local Demand
    City
    Fishers
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0413
    Latitude
    39.9552
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,645
    $558,000
    $470,800
    $1,028,800
    -
    $558,000
    $470,800
    $1,028,800

    Comparable in this City

    • Value Estimation
      $435,000
      7,528 SF

      14010 Mundy Dr

      AUTO REPAIR, GARAGE • 7,528 SF
      14010 Mundy Dr, Fishers, IN 46038-8812
      View Details
    • Value Estimation
      $830,000
      9,032 SF

      12655 Parkside Dr

      AUTO REPAIR, GARAGE • 9,032 SF
      12655 Parkside Dr, Fishers, IN 46038-4268
      View Details
    • Value Estimation
      $785,000
      23,360 SF

      9031 Technology Ln

      AUTO REPAIR, GARAGE • 23,360 SF
      9031 Technology Ln, Fishers, IN 46038-2828
      View Details
    • Value Estimation
      $765,000
      1,791 SF

      7458 116th St

      AUTO REPAIR, GARAGE • 1,791 SF
      7458 116th St, Fishers, IN 46038-2320
      View Details
    • Value Estimation by Request
      29,446 SF

      12610 Frd Dr

      AUTO REPAIR, GARAGE • 29,446 SF
      12610 Frd Dr, Fishers, IN 46038-2892
      View Details
    • Value Estimation by Request
      29,615 SF

      13397 Britton Park Rd

      AUTO REPAIR, GARAGE • 29,615 SF
      13397 Britton Park Rd, Fishers, IN 46038-3500
      View Details

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    • Contact for pricing

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      7,375 SF retail space with high visibility in Fishers.
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    11578 Allisonville Rd
    Fishers, IN 46038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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