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Property profile & analytics
OFF-MARKET
Estimated value
$3,605,000
Warehouses
9150 33rd St Indianapolis, IN 46235-3605
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-1157846
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Construction
TYPE NOT SPECIFIED
Total area
238,572 SF
Lot
10.33 ac (449,931 SF)
APN
49-08-20-107-001.000-700
UPID
US31-1157846
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
-
Hamilton Retail Consultant
-
Hamilton Graphics Marketing & Advertising Advertising Agency
-
Hamilton Exhibits Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$3.61M
Owner & transaction history
Md6 Indianapolis Industrial LLC · 1 yrs held
Md6 Indianapolis Industrial LLC
since 2024
7 recorded transactions
Zoning & alternative use
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
$3.61M
Range $3.24M – $3.97M · ±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
$15 / 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
$154,782
Tax year 2023
Assessed value
$6,577,700
Assessed 2023
Previous assessed
$6,577,700
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$571,700
Assessed improvement
$6,006,000
Land market value
$571,700
Improvement market value
$6,006,000
Total market value
$6,577,700
Applied tax rate
700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
YES
Stories
2
Total area
238,572 SF
Lot
10.33 ac (449,931 SF)
APN
49-08-20-107-001.000-700
UPID
US31-1157846
Jurisdiction
MARION
Zoning & alternative use
Zoning · permitted uses
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
1992
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
10.33 ac
Current owner
From public records · entity-resolved
Md6 Indianapolis Industrial LLC
Entity
Mailing address
417 1ST AVE SE, CEDAR RAPIDS, IA 52401-1309
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
Md6 Indianapolis Industrial LLC
—
Deed
related
$107,315,000 · Wells Fargo Bank
Nov 22, 2024
—
Md6 Indianapolis Industrial LLC
Midwest Commerce II 1380 LLC
Special Warranty Deed
—
Nov 22, 2022
—
Md6 Indianapolis Industrial LLC
Hamilton Realty LLC
Special Warranty Deed
$8,331,394 · Beverly Bank & Trust Co NA
Dec 23, 2020
—
Hamilton Realty LLC
—
Deed
related
$2,500,000 · Cibm Bank
Aug 21, 2020
—
Hamilton Realty LLC
—
Deed
related
$4,750,000 · Greenfield Bkng
Jul 20, 2018
—
Hamilton Realty LLC
—
Deed
related
$750,000 · Greenfield Bkng
Aug 23, 2017
—
Hamilton Realty LLC
—
Deed
related
$650,000 · Greenfield Bkng
Jun 20, 2016
—
Hamilton Realty LLC
—
Deed
related
$250,000 · Greenfield Bkng
Aug 10, 2004
—
Hamilton Realty LLC
Hamilton Displays INC
Quit Claim Deed
related
$3,000,000 · Wells Fargo Bk
—
—
Hamilton Realty LLC
—
Deed Of Trust
related
$3,725,000 · Greenfield Bkng
—
—
Hamilton Realty LLC
—
Deed Of Trust
related
$4,020,000 · Huntington National Bank
—
—
Hamilton Realty LLC
—
Deed Of Trust
related
$250,000 · Greenfield Bkng
—
—
Hamilton Realty LLC
—
Deed Of Trust
related
$650,000 · Greenfield Bkng
—
—
Hamilton Realty LLC
—
Deed Of Trust
related
$750,000 · Greenfield Bkng
—
—
Hamilton Realty LLC
—
Deed Of Trust
related
$4,750,000 · Greenfield Bkng
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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