Realmo Analytics

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Property profile

8860 Mirabel Rd Indianapolis, IN 46231

FOR LEASE
Other warehouses
Property ID
US31-1043134
16.96 ac lot Built 2019
Last sale Sep 2007 · $3,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
8860 Mirabel Rd, Indianapolis, IN 46231 For Lease
$2,485,000
8860 Mirabel Rd, Indianapolis, IN 46231
View Listing

Property summary

AI-generated overview

This industrial property contains 106,425 square feet of space and includes a 2,440-square-foot spec office. The warehouse has a 32-foot clear height and is served by an ESFR sprinkler system. Loading facilities include 25 dock-high doors and 2 drive-in doors. The building’s column spacing is 54 feet by 50 feet. Electrical service is provided via 2,000-amp panels at 480V with 3-phase power. Site improvements include fully fenced access on both sides, with 103 car parking spaces and 23 trailer…

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?
$176k
Tax billed · 2023
Assessed value$12.63M
Assessed land$1.96M
Assessed improvement$10.67M
Effective rate1.40%

Value estimate

· Oct 2026
$2.49M
$2.24M – $2.73M
AI approach$2.35M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$41/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$22 – $64

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: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.6
Building Supply8.5
Parking Facility8.1

Location

8860 Mirabel Rd Indianapolis, IN 46231
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3700 Washington, Indianapolis, IN 46241 $2,800 Oct 2024 1,950 SF
6352 Airway, Indianapolis, IN 46241-6400 $3,439,780 Apr 2024 49,813 SF
1800 Holt, Indianapolis, IN 46241 $68,861 Apr 2023 6,120 SF
1725 Tibbs, Indianapolis, IN 46241-4563 $100,000 Mar 2023 3,900 SF
1025 Western, Indianapolis, IN 46241-1436 $1,300,000 Jan 2022 22,500 SF
4153 Washington, Indianapolis, IN 46241 $870,000 Jul 2021 45,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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