Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2315 Spencer Ave Indianapolis, IN 46218

OFF-MARKET
Other industrial properties
Property ID
US31-0133944
1,728 SF 0.56 ac lot Built 1973
Last sale Jan 2023 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a warehouse building totaling 6,941 square feet with LED lighting throughout. It provides 15.5 feet of clear height and includes four drive-in doors: three doors measuring 14 feet tall by 10 feet wide and one additional door measuring 10 feet by 10 feet. A mezzanine level is included for additional storage. A roof replacement was completed on part of the building in 2020. The property is zoned I-2 and is positioned to provide access to I-70, supporting a range of industrial uses consistent with the zoning.

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?
$3k
Tax billed · 2023
Assessed value$126k
Assessed land$28k
Assessed improvement$98k
Effective rate2.73%

Value estimate

· Oct 2026
$425k
$383k – $468k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$62/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$18 – $99

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.7
Restaurant23.7
Law Firm22.8

Location

2315 Spencer Ave Indianapolis, IN 46218-3931
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3216 25th, Indianapolis, IN 46218-3716 $40,000 Aug 2023 2,580 SF
2321 Sta, Indianapolis, IN 46218-3854 $40,000 Apr 2023 1,800 SF
5203 32nd, Indianapolis, IN 46218-2464 $198,500 Aug 2020 5,200 SF
2601 Sherman, Indianapolis, IN 46218-3044 $275,000 Oct 2019 9,130 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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 2315 Spencer Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved