Property profile

1550 Indiana Ave Indianapolis, IN 46202

OFF-MARKET
Warehouses
Property ID
US31-0581071
22,789 SF 1.08 ac lot Built 1954
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1954
Construction TYPE NOT SPECIFIED
Total area 22,789 SF
Lot 1.08 ac (46,958 SF)
Zoning code ZO01
APN 49-06-34-119-010.000-101
UPID US31-0581071

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
  • Big Box & Wholesale Store

Location

1550 Indiana Ave Indianapolis, IN 46202-3220
Indianapolis metro Census 353600 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$394k
Blend (final) Blend
$405k

Owner & transaction history

since 2011
6 recorded transactions
2024
Price N/A
2016
Price N/A
2011
Price N/A
2010
Price N/A
1969
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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