Financial
Distress signals
Property profile

1927 Capitol Ave Indianapolis, IN 46202

OFF-MARKET
Commercial real estate
Property ID
US31-1073347
12,000 SF 0.21 ac lot Built 1963
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 12,000-square-foot industrial flex space, located at 1927 N Capitol Avenue in Indianapolis, Indiana, presents a unique investment opportunity. Built in 1963, this single-tenant property boasts a desirable location with excellent frontage on Capitol Avenue in Marion County's Indianapolis submarket. The building features a functional layout ideal for a variety of uses, thanks to its flexible zoning (HD-2). The high ceilings, measuring approximately 13 feet, provide ample

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$241k
Assessed land$99k
Assessed improvement$142k
Effective rate2.77%

Value estimate

· Sep 2026
$350k
$315k – $385k
AI approach$235k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 181 recorded sales of this use type
Observed band · Q1–Q3$30 – $120
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store18.2
Auto Repair Shop17.6
HVAC Service14.3

Location

1927 Capitol Ave Indianapolis, IN 46202-1219
County assessor Recorded deeds · not on file 4 qualifying comp sales Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1631 Montcalm, Indianapolis, IN 46202-2134 $10,342 Sep 2024 1,129 SF
970 Ft Wayne, Indianapolis, IN 46202-4328 $219,000 Feb 2024 2,823 SF
1311 9th, Indianapolis, IN 46202-3530 $113,000 Jan 2023 960 SF
1818 16th, Indianapolis, IN 46202-2033 $575,000 Sep 2021 4,800 SF
1203 Saint Clair, Indianapolis, IN 46202-3590 $3,150,000 Jan 2020 57,477 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
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