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Property profile & analytics
FOR SALE
Commercial land
9140 Harrison Park Ct Indianapolis, IN 46216
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US31-1592847
For Sale
Contact for pricing
9140 Harrison Park Ct, Indianapolis, IN 46216
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2003
Total area
21,500 SF
Lot
1.18 ac (51,271 SF)
Zoning code
ZO01
APN
49-08-08-108-003.000-407
UPID
US31-1592847
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
-
Fresenius Kidney Care Indianapolis Northeast Medical Clinic
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
Prb Indianapolis LLC · 8 yrs held
Prb Indianapolis LLC
since 2018
5 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
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
Tax billed
$8,133
Tax year 2023
Assessed value
$315,800
Assessed 2023
Previous assessed
$315,800
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$315,800
Land market value
$315,800
Total market value
$315,800
Applied tax rate
407.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
2003
Heating
NONE
Total area
21,500 SF
Lot
1.18 ac (51,271 SF)
Zoning code
ZO01
APN
49-08-08-108-003.000-407
UPID
US31-1592847
Jurisdiction
MARION
Zoning & alternative use
ZO01 · Indianapolis, IN
Zoning ZO01 · permitted uses
ZO01 · Indianapolis, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indianapolis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Lot
1.18 ac
Current owner
From public records · entity-resolved
Prb Indianapolis LLC
Entity
Free & Clear · 8 yrs held
Mailing address
9300 SHELBYVILLE RD STE #1300, LOUISVILLE, KY 40222-5170
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 17, 2019
—
Prb Indianapolis LLC
—
Deed
related
$1,850,000 · Miscellaneous Ins Co
May 25, 2018
—
Prb Indianapolis LLC
Dialysis Properties Vi LLC
Grant Deed
related
—
Mar 16, 2017
—
Dialysis Properties Vi LLC
9155 E 56th Street In LLC
Grant Deed
$3,743,208 · Mainsource Bk
Sep 19, 2016
—
9155 E 56th Street In LLC
R Danesh LLC
Quit Claim Deed
related
—
Mar 26, 2001
—
Jcb Properties
Harrison Commerce Park
Warranty Deed
related
$93,000 · Fifth Third Bk/ctrl
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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