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Property profile

8555 Riv Rd Indianapolis, IN 46240

OFF-MARKET
Retail space
Property ID
US31-1029088
4,986 SF 4.69 ac lot Built 2012
Last sale Dec 2012
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,949-square-foot Class A office suite is located on the fourth floor of the prestigious River Crossing Five building in Indianapolis' Keystone Crossing submarket. The suite boasts a fully furnished, open layout, ideal for a variety of business needs. Situated at 8555 River Road, zip code 46240, this property offers unparalleled convenience and accessibility. The building itself is a multi-use complex, featuring a mix of Class A office tenants and desirable retail…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$105k
Tax billed · 2023
Assessed value$4.15M
Assessed land$2.75M
Assessed improvement$1.39M
Effective rate2.54%

Value estimate

· Oct 2026
$520k
$468k – $572k
AI approach$325k
Submarket $/SF estimate$593k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$33 – $119
Qualifying comparables5

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.7
Storage Facility11.6
Convenience Store10.6

Location

8555 Riv Rd Indianapolis, IN 46240-4311
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9510 Aronson, Indianapolis, IN 46240-1416 $1,637,789 Jan 2023 5,654 SF
7216 Keystone, Indianapolis, IN 46240-3244 $1,285,000 May 2020 11,600 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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