Back to Search
Property profile & analytics
OFF-MARKET
Auto shops
2530 Tibbs Ave Indianapolis, IN 46241-5347
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US31-0853225
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1984
Construction
TYPE NOT SPECIFIED
Total area
288 SF
Lot
20.4 ac (888,765 SF)
Zoning code
ZO01
APN
49-11-20-112-019.000-970
UPID
US31-0853225
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Estes Express Lines Trucking Company
-
A2 Global Shipping Trucking Company
-
Holland Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Black Branch Terminals LLC · 2 yrs held
Black Branch Terminals LLC
since 2024
7 recorded transactions
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Indianapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indianapolis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$87,319
Tax year 2023
Assessed value
$2,606,700
Assessed 2023
Previous assessed
$2,606,700
+0.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$1,335,300
Assessed improvement
$1,271,400
Land market value
$1,335,300
Improvement market value
$1,271,400
Total market value
$2,606,700
Applied tax rate
970.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
4
Stories
1
Bathrooms
1
Total area
288 SF
Lot
20.4 ac (888,765 SF)
Zoning code
ZO01
APN
49-11-20-112-019.000-970
UPID
US31-0853225
Jurisdiction
MARION
Zoning & alternative use
ZO01 · Indianapolis, IN
Zoning ZO01 · permitted uses
ZO01 · Indianapolis, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indianapolis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
4
Bathrooms
1
Lot
20.4 ac
Current owner
From public records · entity-resolved
Black Branch Terminals LLC
Entity
Mailing address
3901 W BROAD ST, RICHMOND, VA 23230-3962
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2024
—
Black Branch Terminals LLC
Usf Holland LLC
Quit Claim Deed
related
—
Jan 15, 2021
—
Usf Holland LLC
—
Deed
related
$300,000 · Bank Of New York Mellon Trt Co
Nov 24, 2020
—
Yrc INC
—
Deed
related
—
Sep 18, 2019
—
Usf Holland LLC
—
Loan Modification
related
$600,000,000 · Cortland Products Corp
Dec 4, 2017
—
Usf Holland LLC
—
Loan Modification
related
$600,000,000 · Credit Suisse Ag Cayman Iss Br
Oct 28, 2015
—
Usf Holland INC
Yrc INC
Grant Deed
—
Aug 15, 2014
—
Yrc INC
—
Grant Deed
related
$550,000,000 · Rbs Citizens Busn Cap
Sep 16, 2008
—
Roadway Express INC
—
Deed Of Trust
related
$1,100,000,000 · J P Morgan Chase Bank
—
—
Yrc INC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2530 Tibbs 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
