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Property profile & analytics
OFF-MARKET
Banks
5935 86th St Indianapolis, IN 46278-1351
Entity Owned
~
Est. High Equity
Property ID
US31-1195189
Property summary
AI-generated overview
This exceptional 3,627 square foot commercial property, located at 5935 W. 86th St in Indianapolis, Indiana, presents a unique investment opportunity. Built in 1993, this former bank branch boasts modern architecture and sits on a prominent 1.35-acre corner lot with excellent visibility and accessibility. The property benefits from its strategic location near the W 86th/I-465 interchange, ensuring high traffic volume. With over 100,000 vehicles passing daily, this location offers unparalleled exposure. The ample 33-space parking lot and four drive-thru lanes cater to customer convenience. The C-3 zoning allows for a variety of uses, making it ideal for businesses seeking a high-traffic location. Surrounded by Traders Point amenities and benefiting from strong submarket demographics and daytime population, this property is conveniently located near Eagle Creek, Zionsville, and Park 100. The asking price is $1,200,000. This property is zoned for neighborhood commercial use.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1993
Construction
WOOD
Total area
3,612 SF
Lot
1.34 ac (58,588 SF)
Zoning code
ZO01
APN
49-04-23-103-025.000-600
UPID
US31-1195189
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
-
PNC Bank ATM Atm
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
Standard Traders Point LLC
Standard Traders Point LLC
since 2025
1 recorded transaction
Zoning & alternative use
ZO01 · Indianapolis, 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 Indianapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indianapolis 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
$16,830
Tax year 2023
Assessed value
$721,500
Assessed 2023
Previous assessed
$721,500
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$332,500
Assessed improvement
$389,000
Land market value
$332,500
Improvement market value
$389,000
Total market value
$721,500
Applied tax rate
600.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,612 SF
Lot
1.34 ac (58,588 SF)
Zoning code
ZO01
APN
49-04-23-103-025.000-600
UPID
US31-1195189
Jurisdiction
MARION
Zoning & alternative use
ZO01 · Indianapolis, INZoning ZO01 · permitted uses
ZO01 · Indianapolis, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Standard Traders Point LLC
Entity
Mailing address
PO BOX 52427, ATLANTA, GA 30355-0427
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2025
—
Standard Traders Point LLC
Pnc Bank NA
Deed
$930,000 · National Bank Of Indianapolis
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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