Property profile

4909 Covered Brg Rd Indianapolis, IN 46268

OFF-MARKET
Hotels
Property ID
US31-0724514
5,498 SF 18.39 ac lot Built 1981
Entity Owned Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1981
Construction WOOD
Total area 5,498 SF
Lot 18.39 ac (801,156 SF)
Zoning code ZO01
APN 49-04-36-127-002.000-600
UPID US31-0724514

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
  • Apartment Complex

Location

4909 Covered Brg Rd Indianapolis, IN 46268-3482
Indianapolis metro Census 310203 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2013
$12.5M

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
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