Technical
Financial
Distress signals
Property profile

1405 Shadeland Ave Indianapolis, IN 46219

OFF-MARKET
Turn key restaurants
Property ID
US31-0620527
7,759 SF 1.63 ac lot Built 2010
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2010
Construction WOOD
Total area 7,759 SF
Lot 1.63 ac (70,915 SF)
Zoning code ZO01
APN 49-07-36-118-025.000-700
UPID US31-0620527

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
  • Restaurant

Location

1405 Shadeland Ave Indianapolis, IN 46219-3636
Indianapolis metro Census 360602 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
$671k
Blend (final) Blend
$505k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
$5.1M
2020
Price N/A
1969
Price N/A

Zoning & alternative use

ZO01 · Indianapolis, IN

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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