4930 Lafayette Rd Indianapolis, IN 46254-1959
Property profile & analytics
4930 Lafayette Rd, Indianapolis, IN 46254-1959
- Strip malls
- 30,178 SF
- 3.18 lot acres
Property ID
US31-0195998
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Chapati / Restaurant
- Aqui Es Jalisco #2 / Restaurant
- Shani’s Secret Chicken / Restaurant
- Indy Vapor Shop / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
- Eagle Creek Liquors / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
Property Details for 4930 Lafayette Rd
- Year built
- 2007
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.18 lot acres
- Zone code
- ZO01
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 49-05-12-129-024.000-600
- APU
- 490512129024000600
Description
Eagle Creek Shoppes presents a unique retail investment opportunity. This single-story, 29,380 square foot shopping center is situated on a 1.87-acre lot and boasts a prime location with excellent visibility from I-65. Currently, 2,500 square feet of space is available, with a minimum divisible unit size of 2,500 square feet and a maximum contiguous space of 2,500 square feet. The property is zoned C4, and its APN is 49-05-12-129-024.000-600. Previously hampered by poor access, recent improvements have significantly enhanced the center's appeal. These improvements include the installation of a new traffic signal directly in front of the property, dramatically increasing visibility and accessibility. A new pylon sign has also been erected along Lafayette Road, further enhancing the center's presence. Adding to the property's attractiveness, a Tim Horton's restaurant is slated to open soon, bringing increased foot traffic and brand recognition to the center. This represents a rare chance to acquire a well-positioned retail property with significant upside potential, benefiting from recent strategic improvements and the imminent arrival of a major tenant. The property is under local ownership for the first time in many years, presenting a unique opportunity for a new owner to shape its future.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $555,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $578,000
Market price range: $531k - $927k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $640,000 Current use
- RETAIL STORES
- $905,000 Change: +41% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $880,000 Change: +37% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.2543
- Latitude
- 39.8427
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$35,606
$342,800
$1,183,600
$1,526,400
-
$342,800
$1,183,600
$1,526,400
