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    For Sale (10)

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    Rush County Grain Farm
    $1,154,925
    78.30 Acres

    Rush County Grain Farm

    78.3 acre grain farm in Rush County, Indiana.

    200 E 1100 North, Knightstown, IN 46148
    View details
    Imperial Estates Brick Duplex
    $224,900
    0.32 Acres

    Imperial Estates Brick Duplex

    Income-producing duplex with separate utilities in Indianapolis.

    6148 E 13Th St, Indianapolis, IN 46219
    View details
    10-Acre Wooded Residential Lots
    $599,900
    10.00 Acres

    10-Acre Wooded Residential Lots

    Private, wooded 10-acre residential lots in Noblesville, Indiana.

    Cyntheanne Rd, Noblesville, IN 46060
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    Westfield Residential Lot Opportunity
    $875,000
    0.98 Acres

    Westfield Residential Lot Opportunity

    Residential lot in downtown Westfield near local amenities.

    Birch St, Westfield, IN 46074
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    Indianapolis Industrial Investment Opportunity
    $3,900,000
    43,000 SF

    Indianapolis Industrial Investment Opportunity

    40,000 SF building on 5.5 acres, leased to manufacturing company.

    2121 Hillside Ave, Indianapolis, IN 46218
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    New Construction Duplex Near Monon
    $719,800
    0.26 Acres

    New Construction Duplex Near Monon

    New construction duplex near Monon offering urban living and investment potential.

    2051-2053 Columbia Ave, Indianapolis, IN 46202
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    Liberty, Indiana Farm Land
    $55,000
    2.11 Acres

    Liberty, Indiana Farm Land

    2.114 acre farm land for sale in Liberty, Indiana.

    S State Road 101, Liberty, IN 47353
    View details
    Residential Lot Near Downtown Indy
    $34,900
    0.08 Acres

    Residential Lot Near Downtown Indy

    Buildable lot (32x105) close to downtown Indianapolis.

    1722 S Delaware St, Indianapolis, IN 46225
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    Indianapolis Duplex Near Brookside Park
    $84,000
    0.11 Acres

    Indianapolis Duplex Near Brookside Park

    Duplex near Brookside Park, The Oaks Academy, downtown Indy.

    1344 N Gale St, Indianapolis, IN 46201
    View details
    Falmouth Business & Rental Property
    $245,000
    2,280 SF

    Falmouth Business & Rental Property

    Profitable Market & Rental Home

    5977 800, Falmouth, IN 46127
    View details

    For Lease (1)

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    Historic Office Building on Riverwalk
    Contact for pricing

    Historic Office Building on Riverwalk

    Unique office space in revitalized historic building with river views.

    1320 North Doctor Martin Luther King Junior Dr, Milwaukee, WI 53212
    View details

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    SGA Enterprises, Inc
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    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
    SGA Enterprises, Inc
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