Technical
Financial
Distress signals
Property profile

850 Meridian St Indianapolis, IN 46225

OFF-MARKET
Commercial real estate
Property ID
US31-0994110
1,891 SF 0.23 ac lot Built 1978
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Construction WOOD
Total area 1,891 SF
Lot 0.23 ac (9,880 SF)
Zoning code ZO01
APN 49-11-11-164-032.000-101
UPID US31-0994110

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
  • Pediatrician Medical Clinic
  • Architecture Firm Consultant
  • Foster Care Service Social Service Agency
  • Foster Care Service Social Service Agency
  • Physician

Location

850 Meridian St Indianapolis, IN 46225-1335
Indianapolis metro Census 391001 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$165k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2020
Last sale
$200,000
4 recorded transactions
2020
$200,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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