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Property profile & analytics
FOR SALE
Office Spaces
15570 Stony Creek Way Noblesville, IN 46060
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-0723472
For Sale
1 / 3
$1,650,000
15570 Stony Creek Way, Noblesville, IN 46060
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1993
Construction
WOOD
Total area
9,090 SF
Lot
1.13 ac (49,223 SF)
APN
29-11-18-000-004.028-013
UPID
US31-0723472
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
-
Eagle Self-Service Storage Storage Facility
-
Cherish Charitable Organization Social Service Agency
-
Broom Tree Counseling Arts Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$895k
Owner & transaction history
Sms Investment Group LLC · 1 yrs held
Sms Investment Group LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Noblesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Noblesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,370,000
Current use
WAREHOUSE, STORAGE
$1,310,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$895k
Range $806k – $985k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,893
Tax year 2023
Assessed value
$736,200
Assessed 2023
Previous assessed
$736,200
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$203,400
Assessed improvement
$532,800
Land market value
$203,400
Improvement market value
$532,800
Total market value
$736,200
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1993
Construction
WOOD
Heating
NONE
Stories
1
Total area
9,090 SF
Lot
1.13 ac (49,223 SF)
APN
29-11-18-000-004.028-013
UPID
US31-0723472
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Sms Investment Group LLC
Entity
Mailing address
350 WESTFIELD RD #400, NOBLESVILLE, IN 46060-1628
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2024
—
Sms Investment Group LLC
Wi Investment Group LLC
Warranty Deed
$1,360,000 · Stock Yards Bank & Trust Co
May 9, 2024
—
Wi Investment Group LLC
—
Deed
related
$350,000 · Stock Yards Bank & Trust Co
Jun 22, 2023
—
Wi Investment Group LLC
—
Deed
related
$189,726 · Stock Yards Bank & Trust Co
Jan 2, 2020
—
Wi Investment Group LLC
—
Deed
related
$250,000 · Stockyard Bk&tr
Jul 16, 2018
—
Wi Investment Group LLC
—
Deed
related
$350,000 · Stockyard Bk&tr
Jun 15, 2016
—
Wi Federal Hill Holdings INC
Noblesville Redevelopment Comm
Grant Deed
related
$3,879,256 · Stockyard Bk&tr
Sep 9, 2011
—
Wi Investment Group LLC
Clancys INC
Warranty Deed
$456,000 · Stock Yards Bank
—
—
Wi Investment Group LLC
—
Deed Of Trust
related
$350,000 · Stockyard Bk&tr
—
—
Wi Investment Group LLC
—
Deed Of Trust
related
$250,000 · Stockyard Bk&tr
—
—
Clancys INC
—
Deed Of Trust
related
$450,000 · Mcpab Ents INC
—
—
Eagle Storage Of Noblesville
—
Loan Modification
related
$1,120,000 · Old Nat'l Bk
—
—
Wi Investment Group LLC
—
Deed Of Trust
related
$350,000 · Stockyard Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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