Financial
Distress signals
Property profile

8247 Indy Ct Indianapolis, IN 46214

FOR LEASE
Commercial real estate
Property ID
US31-0587751
31,824 SF 3.41 ac lot Built 1988
Last sale Jun 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Indianapolis industrial flex property, located at 8247 Indy Ct, offers a versatile space ideal for various business needs. The building, totaling 31,824 square feet, sits on a well-maintained 3.41-acre lot in Marion County, Indiana, zip code 46214. Currently, one unit of 3,500 square feet is available for lease. The property's zoning is I-3, allowing for a range of industrial, flex, warehouse, R&D, and manufacturing uses. The single-story building provides convenient access

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?
$18k
Tax billed · 2023
Assessed value$547k
Assessed land$273k
Assessed improvement$274k
Effective rate3.35%

Value estimate

· Sep 2026
$505k
$455k – $556k
AI approach$505k
Submarket $/SF estimate$949k
NOI build-up
Gross scheduled income$248k
Vacancy & credit loss−$22k
Operating expenses−$68k
NOI · 137,710.07% cap applied$159k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 181 recorded sales of this use type
Observed band · Q1–Q3$30 – $120

Cap rate analysis

How does the asset earn?
137,710.07%
$159k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant33.2
Realty agency27.2
Law Firm23.8

Location

8247 Indy Ct Indianapolis, IN 46214
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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
7950 10th, Indianapolis, IN 46214-2435 $325,000 Dec 2019 3,960 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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