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    FOR LEASE
    Auto shops

    11578 Allisonville Rd, Fishers, IN 46038

    7,044 SF 0.94 ac lot Built 1992
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US31-3572551
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1992
    Construction TYPE NOT SPECIFIED
    Total area 7,044 SF
    Lot 0.94 ac (40,946 SF)
    APN 29-14-02-001-004.000-006
    UPID US31-3572551
    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
    • Big O Tires Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.10M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.83M
    Blend (final) Blend
    $2.12M
    Owner & transaction history
    Dahm No 81 LLC · 1 yrs held
    Dahm No 81 LLC
    since 2025
    Last sale
    $2.3M
    7 recorded transactions
    2025
    $2.3M
    2022
    $1.8M
    2022
    2007
    2005
    2005
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $3.1M +50.3%
    Retail stores $2.3M +14.9%
    Commercial (general) $2.3M +13.7%
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    More about this property
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