Property profile

5124 Mendenhall Rd Indianapolis, IN 46241

OFF-MARKET
Industrial land
Property ID
US31-0492102
1.69 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.69 ac (73,573 SF)
Zoning code ZO01
APN 49-13-03-104-006.000-200
UPID US31-0492102

Cap rate & NOI

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

Location

5124 Mendenhall Rd Indianapolis, IN 46241
Indianapolis metro Census 390802 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
$215k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2022
Price N/A
2016
$2.5M
2016
$1.8M

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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