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Property profile

5910 86th St Indianapolis, IN 46278

OFF-MARKET
Retail space
Property ID
US31-0032574
8,282 SF 1.65 ac lot Built 2006
Last sale Oct 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a restaurant and bar facility located on an outlot in front of a 257,000 SF community center. It is situated within the Park 100 area, which is characterized as an industrial office park containing approximately 18,000,000 SF across about 400 companies and employing roughly 8,000 people, and it is positioned among surrounding retail and entertainment uses. Nearby uses include a 12-screen AMC theatre and retailers such as Dick’s Sporting Goods, Old Navy, Michael’s, PetSmart, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$35k
Tax billed · 2023
Assessed value$1.49M
Assessed land$870k
Assessed improvement$625k
Effective rate2.33%

Value estimate

· Oct 2026
$880k
$792k – $968k
Submarket $/SF estimate$985k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$33 – $119
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Locksmith8.7
Electrical Service8.2

Location

5910 86th St Indianapolis, IN 46278-1406
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6301 Lafayette, Indianapolis, IN 46278-1802 $189,900 Jan 2023 2,218 SF
8440 82nd, Indianapolis, IN 46278-1062 $420,000 Jul 2021 2,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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