Realmo Analytics

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Property profile

12036 Michigan Rd Zionsville, IN 46077

OFF-MARKET
Medical Office Space
Property ID
US31-1312695
13,496 SF 1.61 ac lot Built 2020
Last sale May 2017 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A medical office building, constructed in 2020, presents a rare leasing opportunity in the thriving Zionsville, Indiana market. Located at 12036 N Michigan Rd, this single, two-story building boasts a total of 13,076 square feet situated on a 1.49-acre lot. The property features one elevator and is conveniently located between 116th and 121st Streets (cross streets: N. of 116th & S. of 121st St.). Currently, there is one suite available for lease, measuring 2,038…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$64k
Tax billed · 2023
Assessed value$4.54M
Assessed land$161k
Assessed improvement$4.37M
Effective rate1.42%

Value estimate

· Oct 2026
$610k
$549k – $671k
AI approach$530k
CAP approach$685k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.0
Auto Repair Shop13.6
Restaurant12.2

Location

12036 Michigan Rd Zionsville, IN 46077-8782
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 9 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1225 Pkwy, Zionsville, IN 46077-1953 $292,000 May 2025 3,800 SF
6866 Stonegate, Zionsville, IN 46077-8050 $4,700,000 Apr 2024 16,048 SF
1375 Pkwy, Zionsville, IN 46077-1954 $895,000 Apr 2021 7,107 SF
10801 Michigan, Zionsville, IN 46077-8170 $10,400,000 Nov 2020 41,168 SF
100 9th, Zionsville, IN 46077-1216 $213,000 Oct 2020 1,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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