Technical
Financial
Distress signals
Property profile

502 Fletcher Ave Indianapolis, IN 46203

OFF-MARKET
Turn key restaurants
Property ID
US31-1205401
12,091 SF 0.26 ac lot Built 1930
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction WOOD
Total area 12,091 SF
Lot 0.26 ac (11,140 SF)
Zoning code ZO01
APN 49-11-12-113-003.000-101
UPID US31-1205401

Cap rate & NOI

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

Location

502 Fletcher Ave Indianapolis, IN 46203
Indianapolis metro Census 356200 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
by Request
Blend (final) Blend
$615k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2018
$1.5M
2015
$950,000
2008
Price N/A
1969
Price N/A

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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