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Property profile

479 Ritter Ave Indianapolis, IN 46219

OFF-MARKET
Retail space
Property ID
US31-0064225
2,612 SF 0.15 ac lot Built 1949
Last sale Feb 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional mixed-use property, totaling nearly 15,000 square feet across three buildings on a 1.91-acre lot, presents a unique investment opportunity in Indianapolis, Indiana. Located conveniently three miles from I-465 on the east side of the city, the property boasts versatile C5 zoning, allowing for a wide range of uses including retail, office, auto repair, logistics, and more. The property comprises ten parcels and includes a front building with four retail and office suites,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$75k
Assessed land$9k
Assessed improvement$66k
Effective rate2.73%

Value estimate

· Oct 2026
$210k
$189k – $231k
AI approach$210k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$33 – $119
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.2
Restaurant28.1
Law Firm27.0

Location

479 Ritter Ave Indianapolis, IN 46219-7124
County assessor Recorded deeds · 6 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6002 Washington, Indianapolis, IN 46219 $5,550 Oct 2024 2,556 SF
8910 21st, Indianapolis, IN 46219-1968 $250,000 Aug 2022 2,880 SF
8615 10th, Indianapolis, IN 46219-5442 $300,000 Feb 2020 2,504 SF
2801 Post, Indianapolis, IN 46219-1538 $700,000 Oct 2019 1,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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