Technical
Financial
Distress signals
Property profile

5630 Georgetown Rd Indianapolis, IN 46254

FOR LEASE
Auto shops
Property ID
US31-3505791
900 SF 0.46 ac lot Built 1991
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of a 1,530-square-foot freestanding building located along Georgetown Road in a densely populated, high-traffic trade area. The site is positioned near major interstate access, with proximity to I-465 and I-65, and is approximately 15 minutes from Indianapolis International Airport. The surrounding area includes retail centers, restaurants, and hotels. The premises are subject to a use restriction that prohibits oil and lube use. The listing indicates that only the real estate was being marketed, with the operating business not included.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1991
Total area 900 SF
Lot 0.46 ac (20,038 SF)
Zoning code ZO01
APN 49-06-06-119-018.000-600
UPID US31-3505791

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
  • Auto Repair Shop

Location

5630 Georgetown Rd Indianapolis, IN 46254
Indianapolis metro Census 310309 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

2 recorded transactions
1969
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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