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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Retail space
10 Crosswinds Dr Cloverdale, IN 46120-8412
Entity Owned
5-yr Hold
Free & Clear
Property ID
US31-1913066
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
WOOD
Total area
11,450 SF
Lot
1.14 ac (49,658 SF)
Zoning code
ZO01
APN
67-12-36-401-009.001-003
UPID
US31-1913066
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
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
K & K Real Estate Associates LLC · 5 yrs held
K & K Real Estate Associates LLC
since 2020
2 recorded transactions
Zoning & alternative use
ZO01 · Cloverdale, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+37.8%
Warehouse, storage
$1.1M
+11.2%
Auto repair, garage
$1.0M
+9.2%
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 Cloverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cloverdale 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
Alternative Use
Use
Estimation
RETAIL STORES
$955,000
Current use
COMMERCIAL (GENERAL)
$1,320,000
Change: +38% · Conversion: Easy
WAREHOUSE, STORAGE
$1,065,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,045,000
Change: +9% · Conversion: Difficult
RESTAURANT
$965,000
Change: +1% · Conversion: Easy
INDUSTRIAL (GENERAL)
$900,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±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
$82 / 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
$16,386
Tax year 2023
Assessed value
$716,000
Assessed 2023
Previous assessed
$716,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$104,900
Assessed improvement
$611,100
Land market value
$104,900
Improvement market value
$611,100
Total market value
$716,000
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,450 SF
Lot
1.14 ac (49,658 SF)
Zoning code
ZO01
APN
67-12-36-401-009.001-003
UPID
US31-1913066
Jurisdiction
PUTNAM
Zoning & alternative use
ZO01 · Cloverdale, IN
Zoning ZO01 · permitted uses
ZO01 · Cloverdale, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cloverdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$955,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
RESTAURANT
Est. value
$965,000
INDUSTRIAL (GENERAL)
Est. value
$900,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
RESTAURANT
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
K & K Real Estate Associates LLC
Entity
Free & Clear · 5 yrs held
Mailing address
420 E HOSPITAL LN, TERRE HAUTE, IN 47802-4251
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2020
—
K & K Real Estate Associates LLC
River Valley Properties LLC
Special Warranty Deed
—
Dec 5, 2005
—
River Valley Properties LLC
Seelyville Holdings LLC
Warranty Deed
$420,000 · North Central Bank
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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