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Property profile

16462 Southpark Dr Suites G & H Westfield, IN 46074

FOR LEASE
Other warehouses
Property ID
US31-2935642
18,480 SF 1.96 ac lot Built 2018
Last sale Jun 2013 · $491,880
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 16462 Southpark Drive, Suites G & H, Westfield, IN 46074, this commercial property includes adaptable interior space that can be configured for retail, office, or showroom use. The suites are designed with a flexible floor plan to support different business layouts, and the property is served by an on-site parking area suitable for tenant and visitor use. The building is positioned for street-level visibility along a high-traffic roadway, and it includes modern amenities and is maintained in a condition suitable for occupancy.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value$1.57M
Assessed land$274k
Assessed improvement$1.30M
Effective rate2.33%

Value estimate

· Oct 2026
$835k
$752k – $919k
CAP approach$1.31M
Submarket $/SF estimate$2.80M
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 68,087.50% cap applied$11k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$144/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$99 – $208

Cap rate analysis

How does the asset earn?
68,087.50%
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant23.3
Realty agency18.6
Law Firm18.4

Location

16462 Southpark Dr, Unit Suites G & H Westfield, IN 46074
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17777 Commerce, Westfield, IN 46074-9088 $800,000 Oct 2024 8,174 SF
17728 Sun Park, Westfield, IN 46074-9536 $4,025,000 Aug 2023 39,800 SF
16915 Westfield Park, Westfield, IN 46074-9374 $4,150,000 Mar 2023 15,765 SF
233 175th, Westfield, IN 46074-8934 $1,265,000 Jan 2021 12,600 SF
17715 Commerce, Westfield, IN 46074-8971 $1,000,000 Dec 2020 8,200 SF
16815 Southpark, Westfield, IN 46074-8898 $1,345,000 Jul 2020 14,060 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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