Property profile

3503 College Ave Indianapolis, IN 46205

OFF-MARKET
Parking lots & garages
Property ID
US31-0044601
10,000 SF 0.27 ac lot Built 1940
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1940
Total area 10,000 SF
Lot 0.27 ac (11,840 SF)
APN 49-06-24-161-003.000-101
UPID US31-0044601

Cap rate & NOI

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

Location

3503 College Ave Indianapolis, IN 46205
Indianapolis metro Census 350400 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2024
$9,847
2022
Price N/A
2021
$319,000
2021
$371,000
2015
Price N/A
2014
Price N/A

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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