Property profile

1523 Epler Ave Indianapolis, IN 46227

OFF-MARKET
Auto shops
Property ID
US31-0025764
576 SF 0.31 ac lot Built 1970
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,200-square-foot, single-tenant retail property, ideally suited for an auto repair business, is available for lease. Located at 1523 E. Epler Ave. in Indianapolis, Indiana, this 1970-built facility underwent a complete renovation in 2024, boasting a brand-new parking lot and fresh paint. The property features eight garage bays, each equipped with an overhead door, providing ample space for vehicle repair and maintenance. Additional amenities include a fully functional vehicle painting booth, restrooms, and an office. The 0.31-acre lot is zoned C-5, offering flexibility for various uses. Its strategic location on the south side of Indianapolis, near the intersection of Epler Ave. and Madison Ave., provides excellent visibility and accessibility, with easy access to major roadways including I-465, I-65, and US 31. The property is only 15 minutes from Downtown Indianapolis and benefits from high traffic volume, with over 20,000 cars passing nearby daily. This turnkey operation is ready for immediate occupancy, offering a rare opportunity for a thriving automotive business. The Marion County property (APN 5012227) presents a compelling investment prospect with its updated infrastructure and prime location.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1970
Construction TYPE NOT SPECIFIED
Total area 576 SF
Lot 0.31 ac (13,600 SF)
APN 49-15-06-116-008.000-500
UPID US31-0025764

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
  • Auto Repair Shop
  • Auto Repair Shop

Location

1523 Epler Ave Indianapolis, IN 46227-4618
Indianapolis metro Census 380800 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2019
2 recorded transactions
2021
Price N/A
2019
Price N/A

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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