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Property profile & analytics
FOR SALE
Medical Office Space
1000 Us Highway 31 S Greenwood, IN 46143
Entity Owned
Free & Clear
Property ID
US31-0313794
For Sale
1 / 34
$2,350,000
1000 Us Highway 31 S, Greenwood, IN 46143
View Listing →
Property summary
AI-generated overview
shopping and restaurants and is the very first of its kind for downtown Greenwood. Located right in the heart of Greenwood's ongoing efforts and investment to enhance the city's downtown area. Don't miss out on this lucrative and long-standing Investment Opportunity! Showings M-F must be 6:15 pm or after. Weekends are open.""""}"""
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
TYPE NOT SPECIFIED
Total area
12,293 SF
Lot
1.53 ac (66,647 SF)
APN
41-05-05-013-007.000-026
UPID
US31-0313794
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
BOARD OF JOHNSON MEMORIAL HOSPITAL TR
BOARD OF JOHNSON MEMORIAL HOSPITAL TR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Greenwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenwood 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$1,998,500
Assessed 2023
Previous assessed
$1,998,500
+0.0% YoY
Assessed land
$306,000
Assessed improvement
$1,692,500
Land market value
$306,000
Improvement market value
$1,692,500
Total market value
$1,998,500
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
2016
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
12,293 SF
Lot
1.53 ac (66,647 SF)
APN
41-05-05-013-007.000-026
UPID
US31-0313794
Jurisdiction
JOHNSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2016
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
BOARD OF JOHNSON MEMORIAL HOSPITAL TR
Individual
Free & Clear · 0 yrs held
Mailing address
1125 W JEFFERSON ST, FRANKLIN, IN 46131-2140
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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