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Property profile & analytics
OFF-MARKET
Office Spaces
3000 Lynhurst Dr Indianapolis, IN 46241-6253
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-1292846
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1988
Construction
WOOD
Total area
3,316 SF
Lot
49.73 ac (2,166,239 SF)
Zoning code
ZO01
APN
49-12-25-107-003.000-200
UPID
US31-1292846
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
3050 Lynnhurst Mhc LLC · 1 yrs held
3050 Lynnhurst Mhc 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
$67,182
Tax year 2023
Assessed value
$3,008,200
Assessed 2023
Previous assessed
$3,008,200
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$1,837,200
Assessed improvement
$1,171,000
Land market value
$1,837,200
Improvement market value
$1,171,000
Total market value
$3,008,200
Applied tax rate
200.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
3,316 SF
Lot
49.73 ac (2,166,239 SF)
Zoning code
ZO01
APN
49-12-25-107-003.000-200
UPID
US31-1292846
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
1988
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
49.73 ac
Current owner
From public records · entity-resolved
3050 Lynnhurst Mhc LLC
Entity
Mailing address
PO BOX 414377, KANSAS CITY, MO 64141-4377
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
3050 Lynnhurst Mhc LLC
Mpsp Windsong Mhc LLC
Quitclaim Deed
related
—
Jan 7, 2019
$18,100,000
Mpsp Windsong Mhc LLC
Windsong-park LLC
Grant Deed
related
$11,765,000 · Firstbank
Aug 22, 2018
—
Windsong Park LLC
—
Deed
related
$506,626 · American Commerce Bank NA
Jun 7, 2017
—
Windsong-park LLC
—
Deed
related
$3,500,000 · American Com'l Bk
May 10, 2006
—
Windsong Mhc LLC
Mhc Financing LP Two
Quit Claim Deed
—
—
—
Windsong Mhc LLC
—
Deed Of Trust
related
$2,577,000 · Leitchfield Deposit Bk&tr
—
—
Windsong Mhc LLC
—
Deed Of Trust
related
$6,000,000 · General Electric Capital Corp
—
—
Windsong-park LLC
—
Deed Of Trust
related
$3,500,000 · American Com'l Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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