Property profile

1001 2nd St North Vernon, IN 47265

OFF-MARKET
Manufacturing properties
Property ID
US31-2363066
167,926 SF 11.59 ac lot Built 1956
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1956
Construction TYPE NOT SPECIFIED
Total area 167,926 SF
Lot 11.59 ac (504,860 SF)
APN 40-09-28-400-090.000-004
UPID US31-2363066

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

1001 2nd St North Vernon, IN 47265-6518
North Vernon metro Census 960400 NORTH VERNON, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.09M

Owner & transaction history

since 2023
Last sale
$12.3M
3 recorded transactions
2023
Price N/A
2023
Price N/A
2023
$12.3M

Zoning & alternative use

Top alternative use upside
Retail stores $13.6M +135.3%
Commercial (general) $13.4M +132.1%
Auto repair, garage $10.7M +85.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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