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    7271 Us-52 New Palestine, IN 46163

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    7271 Us-52 New Palestine, IN 46163

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    • Day care centers
    • 3,036 SF
    • 1.99 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 7271 Us-52

    Year built
    2009
    Lot size
    1.99 lot acres
    Property size
    3,036 SF
    Property type
    Day care centers
    Property subtype
    Retail properties & Spaces

    Description

    Exceptional investment opportunity: a Little Learner's Early Childhood Center in rapidly growing New Palestine, Indiana (Metro Indy area). This established daycare, operating since 2009, occupies a 3,036 square foot building situated on a 1.99-acre lot with ample parking (24 spaces). The property boasts a 100% occupancy rate, generating a strong pro-forma NOI of $60,000 and an 8% pro-forma cap rate. The asking price is $750,000, translating to $247.04 per square foot. This is an absolute NNN lease with a single tenant, providing significant investor security. The current lease has three years remaining on the initial term, followed by two five-year renewal options with built-in annual rent increases. The property is conveniently located near the I-465 and US-52 interchange, providing easy access for families. This is a turnkey investment opportunity with a proven track record and significant upside potential. The property features one single-story building. Further financial details are available upon request. The APN is 30-09-23-400-036.002-012. The address is 7271 US-52, New Palestine, IN 46163.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    New Palestine
    County
    Hancock
    State
    Indiana
    Longitude
    -85.9378
    Latitude
    39.7308

    Comparable in this City

    • Value Estimation by Request
      7,000 SF

      52 And 600

      Individual retail properties • 7,000 SF
      52 And 600, New Palestine, IN 46163
      View Details
    • Value Estimation by Request
      12,600 SF

      600 600

      Land • 12,600 SF
      600 600, New Palestine, IN 46163
      View Details
    • Value Estimation by Request
      29.72 Acres

      Ss 600th Ww

      CHARITABLE ORGANIZATION • 29.72 Acres
      Ss 600th Ww, New Palestine, IN 46163
      View Details
    • Value Estimation by Request
      0.93 Acres

      5122 Us Hwy 52

      RESTAURANT • 0.93 Acres
      5122 Us Hwy 52, New Palestine, IN 46163-9273
      View Details
    • Value Estimation
      $520,000
      6,264 SF

      11425 Pr Links Ln

      RETAIL STORES (PERSONAL SERVICES) • 6,264 SF
      11425 Pr Links Ln, New Palestine, IN 46163-9307
      View Details
    • Value Estimation by Request
      9,065 SF

      5040 Us Hwy 52

      SHOPPING CENTER, STRIP CENTER • 9,065 SF
      5040 Us Hwy 52, New Palestine, IN 46163-8636
      View Details

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      Residential Land in New Palestine

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      Land in Growing Community

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    Similar Nearby for Lease

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      Retail Endcap with Drive Thru

      Retail space with drive-thru in growing business park.
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      Retail Space Available For Rent

      Retail spaces available, ranging from 7,000 to 43,996 SqFt.
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      14,250 SF

      Upscale Health and Wellness Center

      Newly constructed 108,000 SF health and wellness center.
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    7271 Us-52
    New Palestine, IN 46163
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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
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