Technical
Financial
Distress signals
Property profile

701 Bates St Indianapolis, IN 46202

OFF-MARKET
Turn key restaurants
Property ID
US31-0674227
4,800 SF 0.13 ac lot Built 1986
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Total area 4,800 SF
Lot 0.13 ac (5,850 SF)
Zoning code ZO01
APN 49-11-12-188-012.000-101
UPID US31-0674227

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
  • Parking Lot & Garage

Location

701 Bates St Indianapolis, IN 46202
Indianapolis metro Census 356200 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2019
3 recorded transactions
2020
Price N/A
2019
Price N/A
1969
Price N/A

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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