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Property profile & analytics
OFF-MARKET
Estimated value
$9,250,000
Office Spaces
12115 Visionary Way Fishers, IN 46038-3069
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US31-0592252
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1990
Construction
TYPE NOT SPECIFIED
Total area
91,316 SF
Lot
8.21 ac (357,628 SF)
APN
29-11-31-006-001.000-006
UPID
US31-0592252
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
-
Counterpart (Bike/Boat/Book/etc) Store Corporate Office
-
American Resources Corporation Industrial Park Production Facility
-
Worldwide Express Shipping Company Freight Service
-
Land Betterment Corporation Sustainability Organization Advocacy Group
-
American Rare Earth LLC Industrial Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.84M
Blend (final)
Blend
$9.25M
Owner & transaction history
Alhuda Visionary LLC · 2 yrs held
Alhuda Visionary LLC
since 2024
Last sale
$9.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$9,250,000
ML approach
$9,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.25M
Range $8.33M – $10.18M · ±10% · vs last sale $9.25M (Jul 12 2024)
Last sale anchor
$9.25M
Jul 12 2024
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
$101 / 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
$172,580
Tax year 2023
Assessed value
$7,836,900
Assessed 2023
Previous assessed
$7,836,900
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$1,286,600
Assessed improvement
$6,550,300
Land market value
$1,286,600
Improvement market value
$6,550,300
Total market value
$7,836,900
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
1990
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
91,316 SF
Lot
8.21 ac (357,628 SF)
APN
29-11-31-006-001.000-006
UPID
US31-0592252
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
Building & site characteristics
From public records
Year built
1990
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
8.21 ac
Current owner
From public records · entity-resolved
Alhuda Visionary LLC
Entity
Free & Clear · 2 yrs held
Mailing address
14229 E WATERWAY BLVD STE #200, FISHERS, IN 46040-9448
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
—
Alhuda Foundation INC
—
Deed
related
$6,711,221 · Alhuda Visionary LLC
Jul 12, 2024
—
Alhuda Visionary LLC
Citimark Visionary Way LLC
Limited Warranty Deed
—
Jul 12, 2024
$9,250,000
Alhuda Visionary LLC
Citimark Visionary Way LLC
Limited Warranty Deed
—
Feb 8, 2017
—
Citimark Visionary Way LLC
Charles Schwab & Co INC
Grant Deed
$24,801,528 · Horizons Bks
Jun 1, 2004
—
Charles Schwab & Co INC
Charles Schwab & Co INC
Quit Claim Deed
related
—
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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