Property profile

61 Gale St Indianapolis, IN 46201

OFF-MARKET
Parking lots & garages
Property ID
US31-0652995
31,200 SF 0.86 ac lot Built 1971
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1971
Total area 31,200 SF
Lot 0.86 ac (37,310 SF)
APN 49-10-05-219-006.000-101
UPID US31-0652995

Cap rate & NOI

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

Location

61 Gale St Indianapolis, IN 46201
Indianapolis metro Census 355100 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$800k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Medical building $1.2M +10.3%

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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