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Property profile & analytics
FOR LEASE
Parking lots & garages
8700 East 116Th St Fishers, IN 46038
Entity Owned
6-yr Hold
Free & Clear
Property ID
US31-1159661
For Lease
1 / 6
Contact for pricing
8700 East 116Th St, Fishers, IN 46038
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2021
Construction
CONCRETE
Total area
68,167 SF
Lot
1.64 ac (71,438 SF)
APN
29-10-36-403-004.000-006
UPID
US31-1159661
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
-
Nickel Plate Station Apartment Building Apartment Complex
-
Mudsock Spirit by Nekoda Witsken Painting
-
Aquarium Surprise by Travis Neal Painting
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
Fishers Town Hall Bldg Corp · 6 yrs held
Fishers Town Hall Bldg Corp
since 2020
5 recorded transactions
Zoning & alternative use
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 Fishers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fishers 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
Applied tax rate
6.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Lease
Year built
2021
Construction
CONCRETE
Heating
GRAVITY
Stories
1
Rooms
25
Bathrooms
1
Total area
68,167 SF
Lot
1.64 ac (71,438 SF)
APN
29-10-36-403-004.000-006
UPID
US31-1159661
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2021
Construction
CONCRETE
Heating
GRAVITY
Stories
1
Rooms
25
Bathrooms
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
Fishers Town Hall Bldg Corp
Entity
Free & Clear · 6 yrs held
Mailing address
1 MUNICIPAL DR, FISHERS, IN 46038-1574
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2020
—
Fishers Town Hall Bldg Corp
Nickel Plate N Assocs LLC
Grant Deed
—
May 2, 2019
—
Nickel Plate N Assocs LLC
Fishers Depot LLC
Grant Deed
—
Feb 14, 2018
—
Fishers Depot LLC
—
Deed
related
$660,000 · Busey Bk
Jan 11, 2007
—
Fishers Depot LLC
Lux,richard P JR & Beth P
Quit Claim Deed
related
—
—
—
Fishers Depot LLC
—
Deed Of Trust
related
$660,000 · Busey Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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