Technical
Financial
Distress signals
Property profile

4202 56th St Indianapolis, IN 46254

OFF-MARKET
Strip malls
Property ID
US31-3565588
12,840 SF 2.28 ac lot Built 2000
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This retail center is located just off Guion Rd, near Georgetown Rd, and has a total building area of 12,840 square feet. The property is arranged as a multi-tenant retail complex, with four tenants occupying the space. An additional 1.32 acres of land associated with the property is zoned C3.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Construction WOOD
Total area 12,840 SF
Lot 2.28 ac (99,143 SF)
Zoning code ZO01
APN 49-06-05-107-005.000-600
UPID US31-3565588

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
  • Business To Business Service
  • Employment Agency
  • Restaurant
  • Shopping Center & Mall
  • Hair Salon Nail Salon

Location

4202 56th St Indianapolis, IN 46254-4963
Indianapolis metro Census 310308 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2024
Price N/A
2017
Price N/A
2017
$966,000
2016
Price N/A
2007
Price N/A
1969
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
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 4202 56th 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