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Property profile & analytics
OFF-MARKET
Office Spaces
8340 Little Eagle Ct Indianapolis, IN 46234-3816
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-3445044
Property summary
AI-generated overview
This single-story, 3,656-square-foot Class B office building in Indianapolis, Indiana, presents a fantastic owner-user opportunity. Located at 8340 Little Eagle Ct, 46234, this property boasts a convenient location in the Northwest quadrant of 10th Street and Country Club Road, just two miles west of I-465, offering easy access to US Highway 36 and Rockville Road amenities. Built in 2001 and renovated in 2008, the building features a blend of open space, private offices, and conference rooms, ideal for a variety of business needs. Situated on a 0.49-acre lot, the property is zoned CS and is currently vacant. The asking price is $695,000, translating to $190.10 per square foot. Its proximity to IU Health West Hospital further enhances its appeal. This is a rare chance to acquire a well-maintained, conveniently located office building in a thriving area of Indianapolis.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2001
Construction
WOOD
Total area
3,656 SF
Lot
0.49 ac (21,475 SF)
Zoning code
ZO01
APN
49-05-33-115-011.000-900
UPID
US31-3445044
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
-
Cabello Associates, Inc. Consultant Advertising Agency
-
Joyce M. Jennings, LCSW Foster Care Service Social Service Agency
-
Project Stepping Stone Private University
-
Escala Foundation Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
A True Vision Property LLC · 1 yrs held
A True Vision Property LLC
since 2025
4 recorded transactions
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Indianapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indianapolis 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$17,550
Tax year 2023
Assessed value
$523,900
Assessed 2023
Previous assessed
$523,900
+0.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$100,400
Assessed improvement
$423,500
Land market value
$100,400
Improvement market value
$423,500
Total market value
$523,900
Applied tax rate
900.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,656 SF
Lot
0.49 ac (21,475 SF)
Zoning code
ZO01
APN
49-05-33-115-011.000-900
UPID
US31-3445044
Jurisdiction
MARION
Zoning & alternative use
ZO01 · Indianapolis, IN
Zoning ZO01 · permitted uses
ZO01 · Indianapolis, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indianapolis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
A True Vision Property LLC
Entity
Mailing address
8340 LITTLE EAGLE CT, INDIANAPOLIS, IN 46234-3816
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
—
True Vision Property LLC
—
Deed
related
$100,000 · Community Investment Corp
Apr 24, 2025
—
A True Vision Property LLC
Espacio Management LLC
Warranty Deed
$670,000 · First Merchants Bank NA
Sep 12, 2008
—
Espacio Management LLC
Bumgarner,dennis
Warranty Deed
—
—
—
Edward Cabello
—
Deed Of Trust
related
$433,500 · National City Bank
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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