Technical
Financial
Distress signals
Property profile

2903 Kentucky Ave Indianapolis, IN 46221

OFF-MARKET
Turn key restaurants
Property ID
US31-0978225
0.75 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a freestanding restaurant building totaling approximately 2,680 square feet, situated on an approximately 0.75-acre site. The premises include an existing drive-through, a parking area with approximately 26 spaces, and a large pylon sign. The space is equipped with existing restaurant furniture, fixtures, and equipment (FF&E).

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.75 ac (32,670 SF)
Zoning code ZO01
APN 49-11-20-113-023.000-970
UPID US31-0978225

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

2903 Kentucky Ave Indianapolis, IN 46221-2103
Indianapolis metro Census 342400 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

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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