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Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Office Spaces
11902 Lakeside Dr Fishers, IN 46038-1308
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-0560384
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2005
Construction
TYPE NOT SPECIFIED
Total area
12,697 SF
Lot
1.39 ac (60,461 SF)
APN
29-10-35-000-027.005-006
UPID
US31-0560384
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
-
Behavior Analysis Center for Autism (BACA) Medical Clinic
-
Angela Seal Physician
-
Christina Thomas Physician Medical Clinic
-
Shannon Rocap Physician Medical Clinic
-
Melany Shampo Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.52M
Comparable Approach
Comparable
$2.58M
Blend (final)
Blend
$2.66M
Owner & transaction history
Baca Holdings Of Fishers LLC · 10 yrs held
Baca Holdings Of Fishers LLC
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.2M
+1.0%
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 Fishers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fishers 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%
$2,730,000
6.5%
$2,520,000
7%
$2,340,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,175,000
Current use
RETAIL STORES
$4,215,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,670,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±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
$209 / 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
$37,540
Tax year 2023
Assessed value
$1,705,500
Assessed 2023
Previous assessed
$1,705,500
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$381,700
Assessed improvement
$1,323,800
Land market value
$381,700
Improvement market value
$1,323,800
Total market value
$1,705,500
Applied tax rate
6.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
12,697 SF
Lot
1.39 ac (60,461 SF)
APN
29-10-35-000-027.005-006
UPID
US31-0560384
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.2M
RETAIL STORES
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.7M
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2005
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Baca Holdings Of Fishers LLC
Entity
Mailing address
9929 E 126TH ST, FISHERS, IN 46038-9404
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2021
—
Baca Holdings Of Fishers LLC
—
Deed
related
—
Aug 14, 2019
—
Baca Holdings Of Fishers LLC
—
Deed
related
$802,465 · Stockyard Bk&tr
Nov 24, 2015
—
Baca Holdings Of Fishers LLC
Myriad I LLC
Warranty Deed
$804,000 · Baca Hokdings Of Fishers LLC
Jun 28, 2005
—
Myriad I LLC
Werks Management LLC
Grant Deed
$1,200,000 · First Indiana Bank
May 12, 2004
—
Werks Management LLC
Vail,george H & Beverly A
Warranty Deed
$194,000 · First Indiana Bank
—
—
Baca Holdings Of Fishers LLC
—
Deed Of Trust
related
$802,465 · Stockyard 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.
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