Property profile

7235 East 96Th St Indianapolis, IN 46250

FOR SALE
Auto shops
Property ID
US31-1055958
26,630 SF 0.99 ac lot Built 2001
Entity Owned Free & Clear
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7235 East 96Th St, Indianapolis, IN 46250 For Sale
Contact for pricing 26,630 SF
7235 East 96Th St, Indianapolis, IN 46250
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Property summary

AI-generated overview

This exceptional outlot pad site presents a remarkable opportunity for retail development in a high-traffic area of Indianapolis, Indiana. Located at 7235 East 96th Street, this Johnson County property boasts unparalleled visibility and accessibility. The site is situated on an outlot with a stoplight entrance to major retailers Sam's Club and Menard's, ensuring high daily traffic exposure. Benefiting from its strategic location, the property enjoys easy access to both East 96th Street (41,253 cars per day) and Masters Road (3,618 cars per day), providing excellent connectivity for customers. Furthermore, its proximity to I-69 (143,963 cars per day) guarantees significant regional reach. This dynamic trade area serves Northeast Indianapolis and Fishers, boasting a robust retail landscape that includes established names such as Menards, Sam's Club, Home Depot, Kohl's, Walmart, and Meijer, among others. The area also benefits from a strong daytime population fueled by the presence of major employers like Roche Diagnostics and Sallie Mae, creating a substantial customer base for potential businesses. This prime location offers an exceptional opportunity for businesses seeking high visibility and convenient access within a thriving retail environment. The zip code is 46250.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2001
Construction BRICK
Total area 26,630 SF
Lot 0.99 ac (43,168 SF)
Zoning code ZO01
APN 49-02-14-118-017.000-400
UPID US31-1055958

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
  • Cafe & Coffee Shop
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Pharmacy
  • Pharmacy

Location

7235 East 96Th St Indianapolis, IN 46250
Indianapolis metro Census 330103 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$666k
Blend (final) Blend
$435k

Owner & transaction history

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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