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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Showrooms
7271 Mayflower Park Dr Zionsville, IN 46077-7902
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-1668114
Property summary
AI-generated overview
This exceptional 9,775-square-foot freestanding industrial building presents a rare lease opportunity in Zionsville, Indiana. Located at 7271 Mayflower Park Dr, 46077, in the Northwest submarket, this single-tenant property offers versatile space suitable for manufacturing, flex, warehouse, or distribution uses. Built in 2002, the building boasts a 16-foot ceiling height, providing ample vertical clearance for various operational needs. Three convenient drive-in doors ensure efficient loading and unloading. The property sits on one acre of land, with a floor area ratio (FAR) of 0.22. The I-1 zoning designation allows for a range of industrial uses. The building's single-story design and spacious layout offer significant operational flexibility. This property is entirely vacant, providing immediate occupancy for a new tenant. The property's address is 7271 Mayflower Park Dr, Zionsville, IN 46077, and its parcel number (APN) is 06-04-12-000-059.004-006. This is a unique opportunity to secure a well-located, functional industrial space in a thriving Indiana community. Contact us today to learn more about this exceptional lease opportunity.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2002
Construction
METAL FRAME
Total area
9,750 SF
Lot
1 ac (43,560 SF)
Zoning code
ZO01
APN
06-04-12-000-059.004-006
UPID
US31-1668114
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
I-Runner Industrial Manufacturer Production Facility
-
K5 Diabetic Lotion Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Twf Properties LLC · 1 yrs held
Twf Properties LLC
since 2025
Last sale
$1.7M
3 recorded transactions
Zoning & alternative use
ZO01 · Zionsville, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+48.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Zionsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zionsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,575,000
ML approach
$1,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,080,000
Change: +49% · Conversion: Easy
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $1.74M (Feb 25 2025)
Last sale anchor
$1.74M
Feb 25 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$170 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,428
Tax year 2023
Assessed value
$665,200
Assessed 2023
Previous assessed
$665,200
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$80,000
Assessed improvement
$585,200
Land market value
$80,000
Improvement market value
$585,200
Total market value
$665,200
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2002
Construction
METAL FRAME
Heating
YES
Stories
1
Total area
9,750 SF
Lot
1 ac (43,560 SF)
Zoning code
ZO01
APN
06-04-12-000-059.004-006
UPID
US31-1668114
Jurisdiction
BOONE
Zoning & alternative use
ZO01 · Zionsville, IN
Zoning ZO01 · permitted uses
ZO01 · Zionsville, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zionsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.1M
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
METAL FRAME
Heating
YES
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Twf Properties LLC
Entity
Mailing address
7271 MAYFLOWER PARK DR, ZIONSVILLE, IN 46077-7902
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
$1,740,000
Twf Properties LLC
Jadan Property Group LLC
Warranty Deed
$1,382,000 · Vantage Bank Texas
May 4, 2016
—
Jadam Property Group INC
Northwest Haiti Christian Mission I
Warranty Deed
—
Jul 28, 2010
—
Northwest Haiti Christian Mission I
Ronald D Wagle
Warranty Deed
$350,000 · First Farmers Bank And Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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