Financial
Distress signals
Property profile

3850 Shore Dr Indianapolis, IN 46254

FOR LEASE
Medical Office Space
Property ID
US31-0624322
30,375 SF 2.23 ac lot Built 1979
Last sale Jul 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office property contains approximately 1,835 square feet of interior space and includes common areas that were recently renovated. It provides on-site parking and allows for exterior tenant signage. The building is situated with convenient access to Interstate 465 (I-465).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value$1.24M
Assessed land$423k
Assessed improvement$820k
Effective rate2.33%

Value estimate

· Sep 2026
$625k
$563k – $688k
AI approach$625k
Submarket $/SF estimate$588k
NOI build-up
Gross scheduled income$844k
Vacancy & credit loss−$181k
Operating expenses−$166k
NOI · 2,207,422.22% cap applied$497k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,207,422.22%
$497k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency31.1
Building Supply27.1
Wholesale Shop22.7

Location

3850 Shore Dr Indianapolis, IN 46254
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

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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