Property profile

4485 Victory Dr New Palestine, IN 46163

OFF-MARKET
Office Spaces
Property ID
US31-0865971
298,217 SF 20.09 ac lot Built 1992
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1992
Construction TYPE NOT SPECIFIED
Total area 298,217 SF
Lot 20.09 ac (875,120 SF)
APN 30-10-29-200-019.000-013
UPID US31-0865971

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4485 Victory Dr New Palestine, IN 46163
New Palestine metro Census 411000 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
$13.73M
Blend (final) Blend
$520k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $22.9M +66.4%
Apartment house (5+ units) $21.9M +59.4%
Medical building $20.1M +46.4%

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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