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Property profile

3000 Shelby St Indianapolis, IN 46227

OFF-MARKET
Other warehouses
Property ID
US31-0611370
58,608 SF 19.76 ac lot Built 1927
Last sale Nov 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Industrial building with approximately 15,500 square feet of space, including about 200 square feet of office area with potential for expansion. The functional layout includes two drive-in doors and two loading docks, with a clear height of about 28 feet and a clear-span configuration. Heavy-duty concrete floors run throughout the space, and the property includes adjacent outdoor storage area. The building has planned renovation work intended to address interior cleaning and painting,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$52k
Tax billed · 2023
Assessed value$1.87M
Assessed land$851k
Assessed improvement$1.02M
Effective rate2.79%

Value estimate

· Oct 2026
$1.04M
$932k – $1.14M
AI approach$765k
Submarket $/SF estimate$1.31M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$41/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$22 – $64

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.7
Law Firm25.4
Dental Office21.1

Location

3000 Shelby St Indianapolis, IN 46227-3125
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3505 Madison, Indianapolis, IN 46227-1351 $2,500,000 Jan 2021 55,330 SF
3330 Shelby, Indianapolis, IN 46227-3258 $2,375,000 Nov 2020 21,435 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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