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Property profile & analytics
OFF-MARKET
Office Spaces
5450 96th St Zionsville, IN 46077-9301
Individually Owned
15-yr Hold
Free & Clear
Property ID
US31-0312184
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1995
Construction
WOOD
Total area
384 SF
Lot
0.42 ac (18,295 SF)
Zoning code
ZO01
APN
06-04-12-000-001.001-006
UPID
US31-0312184
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
c and j water water softeners and treatment Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mark Mcgarvey · 15 yrs held
Mark Mcgarvey
since 2010
3 recorded transactions
Zoning & alternative use
ZO01 · Zionsville, IN
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Zionsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zionsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,854
Tax year 2023
Assessed value
$190,900
Assessed 2023
Previous assessed
$190,900
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$33,600
Assessed improvement
$157,300
Land market value
$33,600
Improvement market value
$157,300
Total market value
$190,900
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
384 SF
Lot
0.42 ac (18,295 SF)
Zoning code
ZO01
APN
06-04-12-000-001.001-006
UPID
US31-0312184
Jurisdiction
BOONE
Zoning & alternative use
ZO01 · Zionsville, INZoning ZO01 · permitted uses
ZO01 · Zionsville, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 194: ZONING
Building & site characteristics
From public records
Year built
1995
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Mark Mcgarvey
Individual
Free & Clear · 15 yrs held
Mailing address
PO BOX 747, BROWNSBURG, IN 46112-0747
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2022
—
C & J Real Properties LLC
—
Deed
related
$732,000 · First Farmers Bank & Trust
Sep 24, 2010
$92,001
Mark Mcgarvey
Michael Todd Mcquinn
Sheriffs Deed
related
—
Mar 14, 2007
—
A Quality Collision Repair
James R Cunningham III
Warranty Deed
$300,000 · First National Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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