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Property profile & analytics
OFF-MARKET
Estimated value
$4,050,000
Outlet malls
4233 Lafayette Rd Indianapolis, IN 46254-2412
Entity Owned
3-yr Hold
Free & Clear
Property ID
US31-1161344
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1971
Construction
TYPE NOT SPECIFIED
Total area
137,504 SF
Lot
8.47 ac (368,787 SF)
Zoning code
ZO01
APN
49-06-18-103-002.000-674
UPID
US31-1161344
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
International Marketplace Coalition Office Of A Fair Trade Organization Museum
-
Global Gifts (Bike/Boat/Book/etc) Store
-
Professional Audio Systems Electronics & Wireless Store Big Box & Wholesale Store
-
Global Village Welcome Center Museum
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.50M
Blend (final)
Blend
$4.05M
Owner & transaction history
Pffo Qzob LLC · 3 yrs held
Pffo Qzob LLC
since 2022
Last sale
$4.4M
4 recorded transactions
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Indianapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indianapolis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,390,000
ML approach
$3,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.05M
Range $3.65M – $4.46M · ±10% · vs last sale $4.38M (Aug 19 2022)
Last sale anchor
$4.38M
Aug 19 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$29 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$45,267
Tax year 2023
Assessed value
$2,123,300
Assessed 2023
Previous assessed
$2,123,300
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$846,200
Assessed improvement
$1,277,100
Land market value
$846,200
Improvement market value
$1,277,100
Total market value
$2,123,300
Applied tax rate
674.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1971
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
137,504 SF
Lot
8.47 ac (368,787 SF)
Zoning code
ZO01
APN
49-06-18-103-002.000-674
UPID
US31-1161344
Jurisdiction
MARION
Zoning & alternative use
ZO01 · Indianapolis, IN
Zoning ZO01 · permitted uses
ZO01 · Indianapolis, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indianapolis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
8.47 ac
Current owner
From public records · entity-resolved
Pffo Qzob LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3919 LAFAYETTE RD STE #395, INDIANAPOLIS, IN 46254-2549
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
—
Pffo Qzob LLC
Imc Development Corp
Quit Claim Deed
related
—
Nov 12, 2019
$4,375,000
Imc Dev Corportation
Lafayette Center LLC
Trustees Deed
$4,294,800 · Iff
Jul 9, 2013
—
Lafayette Center LLC
Truss Lafayette Rd In LLC
Quit Claim Deed
related
$1,780,000 · Standard Insurance Co
Jan 12, 2011
—
Truss Lafayette Rd In LLC
Truss Realty Co
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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