Property profile

2228 College Ave Indianapolis, IN 46205

OFF-MARKET
Parking lots & garages
Property ID
US31-0612445
0.61 ac lot Built 1970
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1970
Construction STEEL FRAME
Lot 0.61 ac (26,390 SF)
Zoning code ZO01
APN 49-06-25-108-164.000-101
UPID US31-0612445

Cap rate & NOI

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

Location

2228 College Ave Indianapolis, IN 46205
Indianapolis metro Census 351700 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2019
Price N/A

Zoning & alternative use

ZO01 · Indianapolis, IN

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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