Property profile

8850 Madison Ave Indianapolis, IN 46227

OFF-MARKET
Parking lots & garages
Property ID
US31-0729317
5,856 SF 0.23 ac lot Built 1994
Entity Owned Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1994
Total area 5,856 SF
Lot 0.23 ac (9,975 SF)
APN 49-15-19-104-001.000-500
UPID US31-0729317

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
  • Building Supply Industrial Manufacturer
  • Garden Center
  • Locksmith (Bike/Boat/Book/etc) Store
  • General Contractor
  • Business To Business Service

Location

8850 Madison Ave Indianapolis, IN 46227-6461
Indianapolis metro Census 381204 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

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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