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    Property profile & analytics

    11680 Commercial Dr Fishers, IN 46038-2936

    • Strip malls
    • 10,738 SF
    • 3.40 lot acres
    OFF-MARKET
    Value Estimation
    $9,045,000
    Last Sale
    Dec 29, 2021
    $7,550,000
    Location Intelligence
    Property ID
    US31-1279991
    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

    • Five Guys / American Restaurant / Hot Dog Restaurant
    • Verde Flavors of Mexico Fishers / Restaurant / Mexican Restaurant
    • Mexican Restaurant / Mexican Restaurant
    • Casa Santa / Food And Drink
    • Fishers Urgent Care / Emergency Care Service / Urgent Care Center

    Property Details for 11680 Commercial Dr

    Year built
    2004
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.40 lot acres
    Property size
    10,738 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    29-11-31-308-001.000-006
    APU
    291131308001000006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,245,000
      6.5%
      $6,865,000
      7%
      $8,200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,530,000
      Geo Method
      $7,960,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,910,000
      Retail
      $6,570,000
      Mixed-Use
      $8,090,000
      Hospitality
      $6,465,000
      Educational
      $7,090,000
      Residential Income
      $6,565,000
      Energy
      $8,435,000
      Income-Based Land
      $7,950,000
      Food Service
      $8,070,000

    Location Insight

    • Map
    • Local Demand
    City
    Fishers
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0126
    Latitude
    39.9589
    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
    $107,745
    $1,615,000
    $3,276,200
    $4,891,200
    -
    $1,615,000
    $3,276,200
    $4,891,200

    Comparable in this City

    • Value Estimation
      $4,025,000
      7,820 SF

      12734 Parkside Dr

      SHOPPING CENTER, STRIP CENTER • 7,820 SF
      12734 Parkside Dr, Fishers, IN 46038-4270
      View Details
    • Value Estimation
      $620,000
      8,680 SF

      7321 116th St

      SHOPPING CENTER, STRIP CENTER • 8,680 SF
      7321 116th St, Fishers, IN 46038-2304
      View Details
    • Value Estimation
      $3,645,000
      18,473 SF

      9520 126th St

      SHOPPING CENTER, STRIP CENTER • 18,473 SF
      9520 126th St, Fishers, IN 46038-2854
      View Details
    • Value Estimation by Request
      17,940 SF

      8355 Fishers Ctr Dr

      SHOPPING CENTER, STRIP CENTER • 17,940 SF
      8355 Fishers Ctr Dr, Fishers, IN 46038
      View Details
    • Value Estimation by Request
      20,811 SF

      116th St

      SHOPPING CENTER, STRIP CENTER • 20,811 SF
      116th St, Fishers, IN 46038
      View Details
    • Value Estimation by Request
      21,420 SF

      9001 116th St

      SHOPPING CENTER, STRIP CENTER • 21,420 SF
      9001 116th St, Fishers, IN 46038-2827
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      62,426 SF former Kroger building on 10.60 acres.
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      7,375 SF

      Retail Space on Allisonville Road

      7,375 SF retail space with high visibility in Fishers.
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    • Contact for pricing
      1.51 Acres

      Fishers, IN Commercial Land Investment

      Prime Fishers land, two lots available. C3/I1 zoning.
      0 Parkside Dr, Fishers, IN 46038
      View Details
    • $275,900
      0.36 Acres

      Residential Lots in Fishers, IN

      Build-ready residential lots in the heart of Fishers, Indiana.
      12687 Granite Rdg Cir, Fishers, IN 46038
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    Similar Nearby for Lease

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      35,200 SF

      Lantern Crossing Retail Space

      Fishers, IN Strip Center - 4,800 SF Available
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      View Details
    • $25 SF/Yr
      5,723 SF

      Premium Commercial Space in Fishers

      New commercial space for office, medical, or retail use.
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      View Details
    • Contact for pricing
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      Fishers Medical Office Space

      Prime Fishers location, 3,861 sq ft available.
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    • Contact for pricing
      2,400 SF

      Retail Space in Fishers Commons

      Retail space for lease in Fishers Town Commons.
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      View Details
    • Contact for pricing
      3,751 SF

      Flexible Space in Nickel Plate

      Open-concept space in amenity-rich Nickel Plate District.
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      View Details
    • Contact for pricing
      1,311 SF

      Salon Space Near Nickel Plate

      1,311 SF salon space with high visibility available for rent.
      9235-9251 E 141St St, Fishers, IN 46038
      View Details
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    Fishers, IN 46038-2936
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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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