Financial
Distress signals
Property profile

8890 E 116Th St Fishers, IN 46038

FOR LEASE
Medical Office Space
Property ID
US31-0338927
55,585 SF 0.51 ac lot Built 2015
Last sale Apr 2022 · $19,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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

The property is a mixed-use building within the Downtown Fishers corridor, located at the signalized intersection of 116th Street and Lantern Road. The overall building size is approximately 61,000 square feet and includes a 3,861-square-foot space configured for tenant use. The complex is anchored by Community Health and features an attached parking garage with approximately 332 spaces. The site provides access to I-69 and has frontage on 116th Street, with stated traffic counts of

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$172k
Tax billed · 2023
Assessed value$7.83M
Assessed land$612k
Assessed improvement$7.22M
Effective rate2.20%

Value estimate

· Sep 2026
$5.11M
$4.59M – $5.62M
Sales comparison$4.42M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop16.0
Auto Parts Store15.6
Wholesale Shop15.1

Location

8890 E 116Th St Fishers, IN 46038
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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