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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Grocery and convenience stores
3127 Washington St Indianapolis, IN 46222-4056
Entity Owned
2-yr Hold
Free & Clear
Property ID
US31-1036178
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1972
Total area
24,000 SF
Lot
1 ac (43,562 SF)
Zoning code
ZO01
APN
49-11-09-126-003.000-901
UPID
US31-1036178
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
-
Marathon WASHINGTON & TIBBS Car Wash
-
RockItCoin Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Multani Holdings LLC · 2 yrs held
Multani Holdings LLC
since 2024
6 recorded transactions
Zoning & alternative use
ZO01 · Indianapolis, IN
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
$36 / SF
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
$3,746
Tax year 2023
Assessed value
$136,000
Assessed 2023
Previous assessed
$136,000
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$109,300
Assessed improvement
$26,700
Land market value
$109,300
Improvement market value
$26,700
Total market value
$136,000
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 (W/FUEL PUMP)
Status
Off-Market
Year built
1972
Heating
NONE
Total area
24,000 SF
Lot
1 ac (43,562 SF)
Zoning code
ZO01
APN
49-11-09-126-003.000-901
UPID
US31-1036178
Jurisdiction
MARION
Zoning & alternative use
ZO01 · Indianapolis, INZoning ZO01 · permitted uses
ZO01 · Indianapolis, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Multani Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3127 W WASHINGTON ST, INDIANAPOLIS, IN 46222-4056
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2024
—
Multani Holdings LLC
Rsm Investments LLC
Quit Claim Deed
related
—
Jan 10, 2019
—
Rsm Investments LLC
Singh,raghbir
Quit Claim Deed
related
—
Mar 20, 2018
—
Raghbir Singh
Stamatkin,becky S
Warranty Deed
related
—
Jul 19, 2013
—
Becky S Stamatkin
Stamatkin,daniel J
Quit Claim Deed
related
—
Dec 17, 2012
—
Becky S Stamatkin
Stamatkin,larry A
Quit Claim Deed
related
—
Oct 11, 2012
—
Larry A Stamatkin
Stamatkin Terry S
Quit Claim Deed
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.
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