Technical
Financial
Distress signals
Property profile

1509 Emerson Ave Indianapolis, IN 46219

OFF-MARKET
Retail space
Property ID
US31-0869930
7,600 SF 0.67 ac lot Built 1945
Individually Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Construction TYPE NOT SPECIFIED
Total area 7,600 SF
Lot 0.67 ac (29,160 SF)
Zoning code ZO01
APN 49-07-34-137-008.000-701
UPID US31-0869930

Cap rate & NOI

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

Location

1509 Emerson Ave Indianapolis, IN 46219-2937
Indianapolis metro Census 360900 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2017
1 recorded transaction
2017
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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