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    Property profile & analytics

    2401 Prospect St Indianapolis, IN 46203-2142

    • Grocery and convenience stores
    • 3,059 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 22, 2022
    Location Intelligence
    Property ID
    US31-1052544
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • bp / Car Wash / Gas Station
    • Bombay karahi / Restaurant / Brunch Restaurant

    Property Details for 2401 Prospect St

    Year built
    2013
    Construction
    WOOD
    Lot size
    0.46 lot acres
    Property size
    3,059 SF
    Zone code
    ZO01
    Property type
    Grocery and convenience stores
    APN
    49-10-17-106-001.000-101
    APU
    491017106001000101

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1209
    Latitude
    39.7522
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,081
    $46,000
    $425,600
    $471,600
    -
    $46,000
    $425,600
    $471,600

    Comparable in this City

    • Value Estimation by Request
      35,170 SF

      2901 Southeastern Ave

      GROCERY, SUPERMARKET • 35,170 SF
      2901 Southeastern Ave, Indianapolis, IN 46203
      View Details
    • Value Estimation
      $475,000
      22,057 SF

      2176 Shelby St

      GROCERY, SUPERMARKET • 22,057 SF
      2176 Shelby St, Indianapolis, IN 46203-4000
      View Details
    • Value Estimation
      $345,000
      2,240 SF

      1055 Raymond St

      CONVENIENCE STORE • 2,240 SF
      1055 Raymond St, Indianapolis, IN 46203-4040
      View Details
    • Value Estimation
      $340,000
      1,386 SF

      2355 Prospect St

      CONVENIENCE STORE • 1,386 SF
      2355 Prospect St, Indianapolis, IN 46203-2153
      View Details
    • Value Estimation
      $400,000
      2,720 SF

      5034 Raymond St

      CONVENIENCE STORE • 2,720 SF
      5034 Raymond St, Indianapolis, IN 46203-4840
      View Details
    • Value Estimation
      $280,000
      1,540 SF

      5060 Southeastern Ave

      CONVENIENCE STORE • 1,540 SF
      5060 Southeastern Ave, Indianapolis, IN 46203-3652
      View Details

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    Similar Nearby for Lease

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      Indianapolis Retail & Office Space. Prime Location.
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      Retail space available near major retailers with high traffic.
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      Retail Space in Fountain Square

      Retail space in a popular cultural district with high foot traffic.
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    2401 Prospect St
    Indianapolis, IN 46203-2142
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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