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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2802 Washington St Indianapolis, IN 46222-5350
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-3177631
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2023
Construction
WOOD
Total area
4,212 SF
Lot
1 ac (43,560 SF)
Zoning code
ZO01
APN
49-11-04-135-024.000-901
UPID
US31-3177631
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
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
Igs Holdings 2802w LLC · 1 yrs held
Igs Holdings 2802w LLC
since 2025
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
$5,755
Tax year 2023
Assessed value
$208,900
Assessed 2023
Previous assessed
$208,900
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$100,600
Assessed improvement
$108,300
Land market value
$100,600
Improvement market value
$108,300
Total market value
$208,900
Applied tax rate
901.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2023
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,212 SF
Lot
1 ac (43,560 SF)
Zoning code
ZO01
APN
49-11-04-135-024.000-901
UPID
US31-3177631
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
2023
Construction
WOOD
Heating
NONE
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Igs Holdings 2802w LLC
Entity
Mailing address
11723 WALTON CRES, ZIONSVILLE, IN 46077-7024
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2025
—
Super 6 LLC
—
Deed
related
$550,000 · National Oil & Gas INC
Apr 28, 2025
—
Igs Holdings 2802w LLC
Igs Holdings LLC
Quitclaim Deed
related
$1,040,000 · First Financial Bank NA
Mar 4, 2025
—
Super 6 LLC
—
Deed
related
$450,000 · Creative Lending Solutions Co
Apr 17, 2023
—
Igs Holdings LLC
Oe Homes In LLC
Warranty Deed
—
Nov 12, 2021
—
Super 6 LLC
—
Deed
related
$1,500,000 · Lake City Bank
Mar 3, 2021
—
Super 6 LLC
Vaheguru LLC
Warranty Deed
—
Nov 1, 2017
$330,000
Vaheguru LLC
Props Ctrl Greens I L Holladay
Grant Deed
$650,000 · National Oil & Gas INC
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.
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