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Property profile & analytics
OFF-MARKET
Turn key restaurants
4322 Southport Crossings Dr Indianapolis, IN 46237-4606
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US31-0067317
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Total area
2,965 SF
Lot
1.3 ac (56,568 SF)
Zoning code
ZO01
APN
49-15-16-117-015.000-500
UPID
US31-0067317
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ecc 4322 Southport Pad LLC · 2 yrs held
Ecc 4322 Southport Pad LLC
since 2024
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$19,617
Tax year 2023
Assessed value
$702,100
Assessed 2023
Previous assessed
$702,100
+0.0% YoY
Effective rate
2.79%
On assessed value
Assessed land
$560,000
Assessed improvement
$142,100
Land market value
$560,000
Improvement market value
$142,100
Total market value
$702,100
Applied tax rate
500.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1992
Heating
NONE
Stories
1
Total area
2,965 SF
Lot
1.3 ac (56,568 SF)
Zoning code
ZO01
APN
49-15-16-117-015.000-500
UPID
US31-0067317
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
1992
Heating
NONE
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Ecc 4322 Southport Pad LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1 E DAVE THOMAS BLVD, DUBLIN, OH 43017-5452
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
—
Ecc 4322 Southport Pad LLC
Abhiram Garapati
Deed
—
Dec 11, 2007
—
Ant Savings
—
Trustees Deed
related
$50,000 · Ica Properties INC
Oct 3, 2006
—
Ant Savings
Hurricane Food INC
Grant Deed
$750,000 · Flagstar Bank Fsb
—
—
Trident Foods II LLC
—
Loan Modification
related
$90,000,000 · Huntington Nat'l Bk
—
—
Abhiram Garapati
—
Deed Of Trust
related
$845,000 · Farmers Bank
—
—
Abhiram Garapati
—
Deed Of Trust
related
$750,000 · Flagstar Bank Fsb
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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