Technical
Financial
Distress signals
Property profile

6961 Madison Ave Indianapolis, IN 46227

OFF-MARKET
Outlet malls
Property ID
US31-1247375
12,085 SF 2.61 ac lot Built 1993
Entity Owned 13-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1993
Construction WOOD
Total area 12,085 SF
Lot 2.61 ac (113,544 SF)
Zoning code ZO01
APN 49-15-07-156-001.000-513
UPID US31-1247375

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Courier Service Postal Service
  • Bank Credit Union
  • Grocery & Convenience Store Food Market

Location

6961 Madison Ave Indianapolis, IN 46227-5201
Indianapolis metro Census 381002 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2012
1 recorded transaction
2012
$225,000

Zoning & alternative use

ZO01 · Indianapolis, IN

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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