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Property profile & analytics
FOR LEASE
Office Spaces
9000 Keystone Xing Indianapolis, IN 46240
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US31-0145099
For Lease
1 / 3
Contact for pricing
9000 Keystone Xing, Indianapolis, IN 46240
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Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1975
Construction
CONCRETE
Total area
155,480 SF
Lot
5.4 ac (235,350 SF)
Zoning code
ZO01
APN
49-02-18-112-023.000-800
UPID
US31-0145099
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.93M
Blend (final)
Blend
$4.53M
Owner & transaction history
G & I Ix Mjw Keystone Crossing L · 7 yrs held
G & I Ix Mjw Keystone Crossing L
since 2019
4 recorded transactions
Zoning & alternative use
ZO01 · Indianapolis, IN
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 Indianapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indianapolis 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.53M
Range $4.08M – $4.98M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$29 / SF
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
Tax billed
$337,265
Tax year 2023
Assessed value
$13,288,100
Assessed 2023
Previous assessed
$13,288,100
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$3,828,700
Assessed improvement
$9,459,400
Land market value
$3,828,700
Improvement market value
$9,459,400
Total market value
$13,288,100
Applied tax rate
800.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1975
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
7
Total area
155,480 SF
Lot
5.4 ac (235,350 SF)
Zoning code
ZO01
APN
49-02-18-112-023.000-800
UPID
US31-0145099
Jurisdiction
MARION
Zoning & alternative use
ZO01 · Indianapolis, INZoning ZO01 · permitted uses
ZO01 · Indianapolis, IN
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
1975
Construction
CONCRETE
Heating
NONE
Stories
7
Buildings
2
Lot
5.4 ac
Current owner
From public records · entity-resolved
G & I Ix Mjw Keystone Crossing L
Individual
Mailing address
20 S CLARK ST STE #3000, CHICAGO, IL 60603-1887
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2019
—
G & I Ix Mjw Keystone Crossing L
Keystone Invs
Quit Claim Deed
related
$130,000,000 · Bank Of America
Jan 2, 2013
—
Keystone Investors LLC
—
Deed Of Trust
related
$95,000,000 · Bank Of America
Jul 13, 2011
—
Keystone Investors LLC
—
Deed Of Trust
related
$10,000,000 · Sunamerica Life Insurance Co
Apr 13, 2006
—
Keystone Investors LLC
Massachusetts Mutual Life Ins
Grant Deed
$10,000,000 · Miscellaneous Ins Co
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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