Technical
Financial
Distress signals
Property profile

4035 Emerson Ave Indianapolis, IN 46203

OFF-MARKET
Turn key restaurants
Property ID
US31-0500189
2,607 SF 0.63 ac lot Built 1985
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Total area 2,607 SF
Lot 0.63 ac (27,487 SF)
APN 49-10-34-125-011.000-302
UPID US31-0500189

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
  • Restaurant

Location

4035 Emerson Ave Indianapolis, IN 46203-5963
Indianapolis metro Census 390102 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
$730k
Blend (final) Blend
$240k

Owner & transaction history

since 2025
Last sale
$695,000
4 recorded transactions
2025
$695,000
2010
$1.1M
2008
Price N/A
1969
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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