Technical
Financial
Distress signals
Property profile

1305 Broad Ripple Ave Indianapolis, IN 46220

OFF-MARKET
Specialty properties
Property ID
US31-1209952
16,172 SF 1.51 ac lot Built 1954
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1954
Construction TYPE NOT SPECIFIED
Total area 16,172 SF
Lot 1.51 ac (65,819 SF)
Zoning code ZO01
APN 49-03-36-128-001.000-801
UPID US31-1209952

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency

Location

1305 Broad Ripple Ave Indianapolis, IN 46220-2083
Indianapolis metro Census 321300 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
$642k
Blend (final) Blend
$530k

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
2014
Price N/A

Zoning & alternative use

ZO01 · Indianapolis, IN
Top alternative use upside
Office building $800,000 +64.8%
Commercial (general) $660,000 +35.9%
Medical building $640,000 +32.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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