Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    16411 Southpark Dr Westfield, IN 46074-8468

    • Office Properties & Spaces
    • 6,000 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US31-3511265
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Westfield Foot & Ankle: Ken Stumpf, DPM / Podiatrist / Foot Care
    • Westfield Foot and Ankle, LLc / Podiatrist
    • LADD Dental Group of Westfield / Dentist / Practitioner Service Location
    • Westfield Foot & Ankle: David Sullivan, DPM / Podiatrist / Foot Care
    • David Sullivan, DPM / Podiatrist

    Property Details for 16411 Southpark Dr

    Year built
    2006
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    6,000 SF
    Property type
    Office Properties & Spaces
    APN
    29-09-12-000-001.003-015
    APU
    290912000001003015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $385,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $355,000
      Mixed-Use
      $445,000
      Hospitality
      $350,000
      Educational
      $360,000
      Residential Income
      $405,000
      Energy
      $415,000
      Income-Based Land
      $410,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1448
    Latitude
    40.0271
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,081
    $63,000
    $796,200
    $859,200
    -
    $63,000
    $796,200
    $859,200

    Comparable in this City

    • Value Estimation by Request
      0.64 Acres

      306 Park St

      Office Properties & Spaces • 0.64 Acres
      306 Park St, Westfield, IN 46074
      View Details
    • Value Estimation by Request
      13,518 SF

      970 181st St

      OFFICE (GENERAL) • 13,518 SF
      970 181st St, Westfield, IN 46074-9137
      View Details
    • Value Estimation by Request
      477 SF

      2025 State Rd 32

      OFFICE (GENERAL) • 477 SF
      2025 State Rd 32, Westfield, IN 46074-9506
      View Details
    • Value Estimation by Request
      8,232 SF

      937 191st St

      OFFICE (GENERAL) • 8,232 SF
      937 191st St, Westfield, IN 46074-9243
      View Details
    • Value Estimation by Request
      15,994 SF

      17721 Gunther Blvd

      OFFICE (GENERAL) • 15,994 SF
      17721 Gunther Blvd, Westfield, IN 46074-7765
      View Details
    • Value Estimation by Request
      10,930 SF

      Grand Park Blvd

      OFFICE (GENERAL) • 10,930 SF
      Grand Park Blvd, Westfield, IN 46074
      View Details

    Similar Nearby for Sale

    • $1,590,000
      0.64 Acres

      Westfield Office Land - Grand Junction

      Prime Westfield location, large office lot, development opportunity.
      306 Park St, Westfield, IN 46074
      View Details
    • $625,000

      Westfield Commercial Land - $625K

      Prime 2.18-Acre Mixed-Use Development Site
      17305 Spring Mill Rd, Westfield, IN 46074
      View Details
    • $310,000
      0.39 Acres

      Residential Lots in Golf Community

      Residential lots in Westfield's premier championship golf community.
      20310 Chatham Crk Dr, Westfield, IN 46074
      View Details
    • Contact for pricing
      12 SF

      Westfield Development Land Opportunity

      12.08 acres of development land in Westfield, Indiana.
      24 East 191St St, Westfield, IN 46074
      View Details
    • Contact for pricing

      Land in High-Profile Westfield Development

      Land for sale in a mixed-use development, high traffic area.
      16404 Westfield Blvd, Westfield, IN 46074
      View Details
    • $950,000
      0.54 Acres

      Westfield Mixed-Use Redevelopment Opportunity

      Unique property with redevelopment potential in Westfield's growing downtown area.
      614 N Union St, Westfield, IN 46074
      View Details

    Similar Nearby for Lease

    • $4,993 /Mo
      62,000 SF

      Westfield Office Space Available

      Office property available for lease in Westfield, Indiana.
      17300 Westfield Blvd, Westfield, IN 46074
      View Details
    • $18 SF/Yr
      2,641 SF

      Westfield Office Space For Rent

      Office space available for lease in Westfield, Indiana.
      17827 Commerce Dr, Westfield, IN 46074
      View Details
    • Contact for pricing
      13,048 SF

      Westfield Mixed-Use Development Opportunity

      64-acre mixed-use development with retail, residential, medical, and hospitality components.
      46074 Usa, Westfield, IN 46074
      View Details
    • Contact for pricing
      56,628 SF

      Legends Crossing: Westfield Retail Opportunity

      Prime Westfield retail, near Grand Park.
      300 East St, Westfield, IN 46074
      View Details
    • Contact for pricing
      22,500 SF

      New Industrial Space, Westfield, IN

      New industrial building with suites available for lease in Westfield.
      16465 Southpark Dr, Westfield, IN 46074
      View Details
    • Contact for pricing
      22,167 SF

      Westfield Retail Center: Prime Location

      New construction, multi-tenant retail spaces.
      0 Westfield In, Westfield, IN 46074
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16411 Southpark Dr
    Westfield, IN 46074-8468
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.