Entity Owned Property summary
This exceptional 15,100-square-foot commercial property, located at 6845 Massachusetts Avenue in Indianapolis, Indiana, presents a compelling owner-user opportunity. The building, constructed in 1996, boasts a versatile design suitable for retail, office, or light industrial uses, reflecting its C-4 and C-5 zoning. The property features a spacious layout with a 14-foot clear ceiling height and ample parking for 115 vehicles, providing a 7.7:1,000 square foot ratio. Significant recent… upgrades include a new 1,600-amp, three-phase electrical system and two recently installed 7.5-ton HVAC systems. The former Aldi grocery store layout includes existing refrigerators and coolers. The 4.188-acre lot offers excellent visibility due to its location near the busy 38th Street/Pendleton Pike intersection, just one mile from I-465 and two miles from I-70. A large backlit pylon sign enhances visibility. The property benefits from its proximity to numerous amenities and established businesses, including EquipmentShare, Hindel Bowling Lanes, U-Haul, Advanced Auto Parts, and CVS. Further enhancing its appeal is a convenient IndyGo bus stop at the corner and the planned Purple Line improvements along 38th Street. A Hydroponic Farm variance is also in place under the C-5 zoning. The asking price for this turnkey property is $1,649,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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