Property profile

214 Raceway Rd Avon, IN 46123

OFF-MARKET
Auto shops
Property ID
US31-1032078
8,883 SF 1.35 ac lot Built 2012
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2012
Construction TYPE NOT SPECIFIED
Total area 8,883 SF
Lot 1.35 ac (58,893 SF)
APN 32-09-08-228-001.000-031
UPID US31-1032078

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

214 Raceway Rd Avon, IN 46123-1300
Avon metro Census 210614 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
$540k
Blend (final) Blend
$505k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $745,000 +41.8%
Apartment house (5+ units) $720,000 +37.0%

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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