Technical
Financial
Distress signals
Property profile

3856 Michigan St Indianapolis, IN 46201

OFF-MARKET
Auto shops
Property ID
US31-0039005
1,248 SF 0.14 ac lot Built 1935
Individually Owned 6-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1935
Construction WOOD
Total area 1,248 SF
Lot 0.14 ac (6,200 SF)
APN 49-10-04-122-188.000-101
UPID US31-0039005

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

3856 Michigan St Indianapolis, IN 46201-3578
Indianapolis metro Census 354900 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2019
Price N/A
2009
$45,000
2007
$2,500

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3856 Michigan St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message