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Property profile & analytics
FOR LEASE
Outlet malls
6650 Whitestown Pkwy, Zionsville, IN 46077
Entity Owned
Absentee Owner
Free & Clear
Property ID
US31-2530792
For Lease
1 / 2
$10,390,000
6650 Whitestown Pkwy, Zionsville, IN 46077
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2013
Construction
TYPE NOT SPECIFIED
Total area
194,380 SF
Lot
17.63 ac (767,963 SF)
Zoning code
ZO01
APN
06-04-06-000-006.007-021
UPID
US31-2530792
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
-
Meijer Specialty Food Shop Supermarket
-
Tesla Supercharger Electric Vehicle Charging Station
-
Meijer Pharmacy Pharmacy
-
Western Union Bank Credit Union
-
Centier Bank (ATM) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.61M
Comparable Approach
Comparable
$12.14M
Blend (final)
Blend
$10.39M
Owner & transaction history
MEIJER STORES
MEIJER STORES
Zoning & alternative use
ZO01 · Zionsville, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Zionsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zionsville 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%
$10,410,000
6.5%
$9,610,000
7%
$8,925,000
Blend value · Realmo final
$10.39M
Range $9.35M – $11.43M · ±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
$53 / 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
$431,390
Tax year 2023
Assessed value
$14,500,000
Assessed 2023
Previous assessed
$14,500,000
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$2,448,800
Assessed improvement
$12,051,200
Land market value
$2,448,800
Improvement market value
$12,051,200
Total market value
$14,500,000
Applied tax rate
21.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
2013
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
194,380 SF
Lot
17.63 ac (767,963 SF)
Zoning code
ZO01
APN
06-04-06-000-006.007-021
UPID
US31-2530792
Jurisdiction
BOONE
Zoning & alternative use
ZO01 · Zionsville, IN
Zoning ZO01 · permitted uses
ZO01 · Zionsville, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zionsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
17.63 ac
Current owner
From public records · entity-resolved
MEIJER STORES
Individual
Free & Clear · 0 yrs held
Mailing address
2929 WALKER AVE NW, GRAND RAPIDS, MI 49544-6402
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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