Financial
Distress signals
Property profile

86 Drake Rd Franklin, IN 46131

OFF-MARKET
Office Spaces
Property ID
US31-0869969
10,291 SF 2.87 ac lot Built 1987
Last sale Apr 2020 · $750,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$464k
Assessed land$52k
Assessed improvement$411k

Value estimate

· Sep 2026
$985k
$887k – $1.08M
AI approach$915k
Submarket $/SF estimate$917k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$94/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$56 – $138

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJOHNSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
Building Supply11.0
Nail Salon9.7

Location

86 Drake Rd Franklin, IN 46131-2763
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2508 Morton, Franklin, IN 46131-8885 $12,100 Jun 2024 6,416 SF
701 Madison, Franklin, IN 46131-2148 $27,250 May 2024 9,269 SF
2441 Morton, Franklin, IN 46131-9703 $17,800 Feb 2024 7,566 SF
355 Morton, Franklin, IN 46131-1647 $13,400 Sep 2023 11,200 SF
230 Commerce, Franklin, IN 46131-7311 $160,000 Jul 2021 6,180 SF
2900 Graham, Franklin, IN 46131-7037 $650,000 Jun 2021 12,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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