Property profile & analytics
3545 Washington St Indianapolis, IN 46241-1629
- Auto shops
- 2,475 SF
- 0.49 lot acres
OFF-MARKET
Last Sale
Dec 29, 2022
Dec 29, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-0138807
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Indypro tireshop / (Bike/Boat/Book/etc) Store / Auto Parts Store
- A-1 Auto & Truck, Inc. / Car Dealership
- Factory-Pak, Inc. / Car Dealership
Property Details for 3545 Washington St
- Year built
- 1940
- Construction
- WOOD
- Lot size
- 0.49 lot acres
- Property size
- 2,475 SF
- Property type
- Auto shops
- APN
- 49-11-08-136-030.000-930
- APU
- 491108136030000930
Description
This exceptional commercial auto shop, located at 3545 W. Washington St, Indianapolis, IN 46241, presents a compelling investment opportunity. The 2,475 square foot property sits on a 0.49-acre lot and boasts a strong 9.60% cap rate. Currently operating under a five-year NNN lease, this single-tenant property provides a stable income stream. The building, constructed in 1960, features a spacious workshop with multiple service bays, a comfortable customer waiting area, private offices, and ample storage. Fifteen parking spaces are available for customers and staff. The property is zoned C5 and benefits from high visibility on a busy street, convenient access to major highways, and proximity to automotive suppliers. The existing lease ensures a consistent return on investment, making this a low-risk, high-reward opportunity for discerning investors. The property includes security measures such as surveillance cameras and a fenced perimeter. Phase 1 and 2 improvements have been completed.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.221
- Latitude
- 39.7615
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,966
$71,100
$47,300
$118,400
-
$71,100
$47,300
$118,400
