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Property profile & analytics
OFF-MARKET Estimated value $715,000
Strip malls

15481 Un Chapel Rd Noblesville, IN 46060-9128

9,916 SF 2.63 ac lot Built 2020
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US31-1217033
Property summary
AI-generated overview

This exceptional 1,500 square foot office space is situated within the thriving Union Chapel Crossing Complex in Noblesville, Indiana. Built in 2020, this single-story building offers a modern, efficient layout perfect for a variety of businesses. The space is immediately available and represents a unique opportunity to establish a presence in a high-growth area. Located at 15481 Union Chapel Rd, Noblesville, IN 46060, this property boasts excellent visibility from Greenfield Avenue and Union Chapel Road, ensuring high traffic and brand exposure. The complex benefits from on-site management, providing convenience and peace of mind. Its strategic location offers easy access to SR 37 and the bustling Hamilton Town Center, providing employees and clients with ample amenities and convenient transportation links. This is a single-tenant space within a larger development, part of a $13 million investment completed in 2018. The property features no elevators, suitable for single-story operations. This is a rare opportunity to secure a well-located, modern office space in a rapidly developing area. The space is divisible to a minimum of 1,500 square feet, making it ideal for businesses seeking a flexible and efficient workspace.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2020
Construction WOOD
Total area 9,916 SF
Lot 2.63 ac (114,563 SF)
APN 29-11-16-000-026.000-013
UPID US31-1217033
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marco’s Pizza Restaurant
  • RU² Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
$625k
Comparable Approach Comparable
$894k
Blend (final) Blend
$715k
Owner & transaction history
Union Chapel Storage LLC · 7 yrs held
Union Chapel Storage LLC
since 2019
6 recorded transactions
2021
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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