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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Medical Office Space
6330 Digital Way Indianapolis, IN 46278-1667
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US31-0468838
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
TYPE NOT SPECIFIED
Total area
35,376 SF
Lot
7.43 ac (323,607 SF)
Zoning code
ZO01
APN
49-04-35-117-034.000-600
UPID
US31-0468838
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
-
Landmark Recovery Suboxone Clinic Medical Clinic
-
Landmark Recovery Suboxone Clinics Medical Clinic
-
Landmark Recovery of Indianapolis Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.33M
Owner & transaction history
Store Master Funding Xxx LLC · 3 yrs held
Store Master Funding Xxx LLC
since 2023
7 recorded transactions
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Auto repair, garage
$2.1M
+51.1%
Retail stores
$2.1M
+49.9%
Office building
$1.8M
+24.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,405,000
Current use
AUTO REPAIR, GARAGE
$2,120,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$2,105,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$1,750,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$37 / SF
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
$103,178
Tax year 2023
Assessed value
$4,423,100
Assessed 2023
Previous assessed
$4,423,100
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$1,749,800
Assessed improvement
$2,673,300
Land market value
$1,749,800
Improvement market value
$2,673,300
Total market value
$4,423,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
35,376 SF
Lot
7.43 ac (323,607 SF)
Zoning code
ZO01
APN
49-04-35-117-034.000-600
UPID
US31-0468838
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
7.43 ac
Current owner
From public records · entity-resolved
Store Master Funding Xxx LLC
Entity
Mailing address
720 COOL SPGS BLVD STE #500, FRANKLIN, TN 37067-7259
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
—
Store Master Funding Xxx LLC
6330 Digital Way Lr LLC
Special Warranty Deed
$12,730,000 · Citibank
Jun 29, 2021
—
6330 Digital Way Lr LLC
Landmark Recovery Of Louisville LLC
Limited Warranty Deed
$11,249,033 · Northwest Bank
Nov 8, 2019
—
Landmark Recovery Of Louisville LLC
6330 Digital Way LLC
Warranty Deed
$6,227,200 · Mutual Bank
Dec 21, 2017
—
6330 Digital Way LLC
—
Deed
related
$500,000 · Community First Bk/in
Aug 4, 2017
—
6330 Digital Way LLC
—
Deed
related
$400,000 · Community First Bk/in
Jun 28, 2017
—
6330 Digital Way LLC
Newday Recovery INC
Quit Claim Deed
related
$1,760,000 · Community First Bk/in
Jun 21, 2017
—
Newday Recovery INC
Falcon Inv Holding Co LLC
Grant Deed
$1,760,000 · Community First Bk/in
Apr 11, 2013
—
Falcon Inv Holding Co LLC
—
Deed Of Trust
related
$7,892,595 · Fifth Third Bank
Jan 18, 2011
—
Falcon Inv Holding Co LLC
Barix Clinics Of Indiana LLC
Warranty Deed
—
—
—
6330 Digital Way LLC
—
Deed Of Trust
related
$400,000 · Community First Bk/in
—
—
6330 Digital Way LLC
—
Loan Modification
related
$500,000 · Community First Bk/in
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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