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    Property profile & analytics

    12574 Promise Crk Ln Ste, Unit 112 Fishers, IN 46038-7713

    • Office Properties & Spaces
    • 1,400 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Last Sale
    Feb 21, 2024
    $225,000
    Location Intelligence
    Property ID
    US31-1698731
    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

    • Office Properties & Spaces

    Property Details for 12574 Promise Crk Ln Ste

    Year built
    2007
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.03 lot acres
    Property size
    1,400 SF
    Property type
    Office Properties & Spaces
    APN
    29-11-33-023-017.000-020
    APU
    291133023017000020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $205,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $155,000
      Retail
      $170,000
      Mixed-Use
      $200,000
      Hospitality
      $215,000
      Educational
      $210,000
      Residential Income
      $190,000
      Energy
      $195,000
      Income-Based Land
      $205,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Fishers
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.9734
    Latitude
    39.9714
    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
    $3,284
    $0.00
    $149,500
    $149,500
    -
    $0.00
    $149,500
    $149,500

    Comparable in this City

    • Value Estimation by Request
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      10412 Allisonville Rd Unit

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    • Value Estimation by Request
      40.34 Acres

      11550 131st St

      OFFICE (GENERAL) • 40.34 Acres
      11550 131st St, Fishers, IN 46038-6618
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      12,697 SF

      11902 Lakeside Dr

      OFFICE (GENERAL) • 12,697 SF
      11902 Lakeside Dr, Fishers, IN 46038-1308
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    • Value Estimation by Request
      27,409 SF

      12756 Promise Rd

      OFFICE (GENERAL) • 27,409 SF
      12756 Promise Rd, Fishers, IN 46038-9606
      View Details
    • Value Estimation by Request
      11,674 SF

      7348 Riv Gln Dr

      OFFICE (GENERAL) • 11,674 SF
      7348 Riv Gln Dr, Fishers, IN 46038-2744
      View Details
    • Value Estimation by Request
      8,930 SF

      12933 Frd Dr

      OFFICE (GENERAL) • 8,930 SF
      12933 Frd Dr, Fishers, IN 46038-2899
      View Details

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    Similar Nearby for Lease

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      Medical office spaces for lease in Fishers, Indiana.
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    • 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
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    Fishers, IN 46038-7713
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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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