Technical
Financial
Distress signals
Property profile

404 Thompson Rd Indianapolis, IN 46227

OFF-MARKET
Strip malls
Property ID
US31-0739663
16,739 SF 1.73 ac lot Built 2007
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 16,739 SF
Lot 1.73 ac (75,359 SF)
Zoning code ZO01
APN 49-11-36-106-069.000-500
UPID US31-0739663

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
  • Loan Service Bank
  • Restaurant
  • Alternative Medicine Practice Spa & Massage Center
  • Atm
  • Grocery & Convenience Store Food Market

Location

404 Thompson Rd Indianapolis, IN 46227-1615
Indianapolis metro Census 380600 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2020
Price N/A
2015
Price N/A
2009
Price N/A
2009
Price N/A
2007
Price N/A
2006
Price N/A

Zoning & alternative use

ZO01 · Indianapolis, IN

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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