Technical
Financial
Distress signals
Property profile

7015 Western Select Dr Indianapolis, IN 46219

OFF-MARKET
Hotels
Property ID
US31-0049067
15,124 SF 1.36 ac lot Built 2001
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2001
Construction WOOD
Total area 15,124 SF
Lot 1.36 ac (59,242 SF)
APN 49-07-25-107-007.000-770
UPID US31-0049067

Cap rate & NOI

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

Location

7015 Western Select Dr Indianapolis, IN 46219-1763
Indianapolis metro Census 360302 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
$412k
Blend (final) Blend
$525k

Owner & transaction history

since 2014
4 recorded transactions
2014
Price N/A
2013
Price N/A
2012
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $870,000 +153.0%
Auto repair, garage $790,000 +129.6%
Office building $750,000 +116.8%

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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