Financial
Distress signals
Property profile

7855 S Emerson Ave Indianapolis, IN 46237

FOR SALE
Medical Office Space
Property ID
US31-0518137
35,394 SF 3.19 ac lot Built 2001
Last sale Sep 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a former medical suite configured for clinical use, featuring multiple exam rooms, a nurses station, and a private office. It includes a kitchenette and a separate back entrance to support operational access and workflow. The interior layout combines patient-facing exam areas with administrative and staff work spaces, creating an arrangement suited for an office medical practice that relies on existing room configurations. The location provides convenient access to interstate routes and is within reach of downtown Indianapolis and nearby shopping and dining.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$56k
Tax billed · 2023
Assessed value$2.27M
Assessed land$815k
Assessed improvement$1.45M
Effective rate2.47%

Value estimate

· Sep 2026
$715k
$644k – $787k
AI approach$650k
Submarket $/SF estimate$775k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.7
Law Firm17.0
Auto Parts Store16.7

Location

7855 S Emerson Ave Indianapolis, IN 46237
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 17 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8445 Emerson, Indianapolis, IN 46237-9596 $253,675 Apr 2021 16,284 SF
5895 Thompson, Indianapolis, IN 46237-2206 $749,000 Oct 2018 8,399 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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