Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9694 Hague Rd Indianapolis, IN 46256-3301

    • Commercial land
    • 3.11 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US31-0929747
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 9694 Hague Rd

    Lot size
    3.11 lot acres
    Property type
    Commercial land
    APN
    29-14-11-000-014.001-006
    APU
    291411000014001006

    Description

    This exceptional 2-acre commercial land parcel presents a rare infill opportunity within the thriving Crosspoint Development in Fishers, Indiana. Strategically located with dual access points via Crosspoint Commons and Hague Road (signalized intersection), this property boasts unparalleled interstate accessibility. Less than half a mile from the I-69/96th Interchange, it benefits from the recently completed 106th and I-69 interchange to the north, significantly improving traffic flow. The upcoming completion of the I-69/I-465 interchange further enhances its connectivity. Zoned I-69 Overlay, this site is ideally suited for a variety of uses, including hotel development (similar to the adjacent Spring Hill Suites), retail, and office space. The property's prime location offers proximity to a substantial population base—over 160,000 people reside within a 5-mile radius. Indianapolis Metropolitan Airport is conveniently located just 1.3 miles away, while Indianapolis International Airport is approximately 31.3 miles distant. The asking price for this exceptional property is $1,600,000. The APN is 29-14-11-000-014.001-006. This is a truly unique opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.034
    Latitude
    39.9287
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,026
    $1,182,400
    $0.00
    $1,182,400
    -
    $1,182,400
    $0.00
    $1,182,400

    Comparable in this City

    • Value Estimation by Request
      8.29 Acres

      8180 Clearvista Pkwy

      VACANT COMMERCIAL LAND • 8.29 Acres
      8180 Clearvista Pkwy, Indianapolis, IN 46256-5629
      View Details
    • Value Estimation by Request
      8.76 Acres

      96th St

      VACANT COMMERCIAL LAND • 8.76 Acres
      96th St, Indianapolis, IN 46256
      View Details
    • Value Estimation by Request
      9.00 Acres

      Geist Reservoir

      VACANT COMMERCIAL LAND • 9.00 Acres
      Geist Reservoir, Indianapolis, IN 46256
      View Details
    • Value Estimation by Request
      1.25 Acres

      9330 Corporation Dr

      VACANT COMMERCIAL LAND • 1.25 Acres
      9330 Corporation Dr, Indianapolis, IN 46256-1005
      View Details
    • Value Estimation
      $9,235,000
      0.05 Acres

      10495 Crosspoint Blvd

      VACANT COMMERCIAL LAND • 0.05 Acres
      10495 Crosspoint Blvd, Indianapolis, IN 46256-3323
      View Details
    • Value Estimation by Request
      109.80 Acres

      Reservoir

      VACANT COMMERCIAL LAND • 109.80 Acres
      Reservoir, Indianapolis, IN 46256
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Geist Area Outlot For Sale

      1.1 acre outlot in Geist area, development ready.
      9767 Fall Creek Rd, Indianapolis, IN 46256
      View Details
    • $568,750

      Commercial Land in NE Indy

      Commercial land with utilities in a prominent Indianapolis location.
      9502 Uptown Dr, Indianapolis, IN 46256
      View Details
    • $562,500

      Commercial Land with Interstate Visibility

      Divisible commercial land with high visibility and easy access.
      9330 Corporation Dr, Indianapolis, IN 46256
      View Details
    • $1,290,000

      Cleared Land I-69 Frontage

      3.21 acres of cleared land ready for development.
      Crosspoint Blvd, Indianapolis, IN 46256
      View Details
    • $985,500

      Land For Sale Indianapolis

      2.7 acres available on the northeast side of Indianapolis.
      9190 Corporation Dr, Indianapolis, IN 46256
      View Details
    • $875,000
      Pending

      Geist Area Residential Development Opportunity

      7.47-acre parcel near Geist Lake, ideal for residential development.
      9255 E 82Nd St, Indianapolis, IN 46256
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Outlot in Busy Area

      Potential 1-acre outlot for lease in Indianapolis/Fishers retail area.
      8141 E 96Th St, Indianapolis, IN 46256
      View Details
    • $15 SF/Yr
      70,422 SF

      Northeast Indy Industrial Space

      70,000+ SF Flex Space Available
      7301 90Th St, Indianapolis, IN 46256
      View Details
    • $9 SF/Yr
      153,125 SF

      Uptown Village Flex Space Available

      Modern Flex Space, I-69/I-465 Access
      9325-9402 Uptown Dr, Indianapolis, IN 46256
      View Details
    • $15 SF/Yr
      70,422 SF

      Northeast Business Center: Two Buildings

      Indianapolis industrial space for lease. Multiple suites available.
      7301 90Th St, Indianapolis, IN 46256
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space Near Kroger

      Retail suites available in high-traffic shopping center anchored by Kroger.
      9737-9835 Fall Creek Rd, Indianapolis, IN 46256
      View Details
    • Contact for pricing
      25,695 SF

      Industrial Space with Office

      25,695 SF industrial space with 5,013 SF office.
      7998 Centerpoint Dr, Indianapolis, IN 46256
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9694 Hague Rd
    Indianapolis, IN 46256-3301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.