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Property profile & analytics
OFF-MARKET
Office Spaces
101 Main St Hagerstown, IN 47346-1216
Entity Owned
9-yr Hold
Free & Clear
Property ID
US31-1834936
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1954
Construction
WOOD
Total area
1,668 SF
Lot
0.22 ac (9,583 SF)
Zoning code
ZO01
APN
89-05-22-420-207.000-021
UPID
US31-1834936
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
-
Chris Mull Homes Construction Company General Contractor
-
Michelle C. Siegman, MA Physician
-
Every Day is Christmas (Bike/Boat/Book/etc) Store
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
Chris Mull Homes LLC · 9 yrs held
Chris Mull Homes LLC
since 2016
2 recorded transactions
Zoning & alternative use
ZO01 · Hagerstown, IN
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 Hagerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hagerstown 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,682
Tax year 2022
Assessed value
$80,900
Assessed 2023
Previous assessed
$80,900
+0.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$18,400
Assessed improvement
$62,500
Land market value
$18,400
Improvement market value
$62,500
Total market value
$80,900
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
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,668 SF
Lot
0.22 ac (9,583 SF)
Zoning code
ZO01
APN
89-05-22-420-207.000-021
UPID
US31-1834936
Jurisdiction
WAYNE
Zoning & alternative use
ZO01 · Hagerstown, IN
Zoning ZO01 · permitted uses
ZO01 · Hagerstown, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hagerstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Chris Mull Homes LLC
Entity
Free & Clear · 9 yrs held
Mailing address
101 W MAIN ST, HAGERSTOWN, IN 47346-1216
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Jul 19, 2016
—
Chris Mull Homes LLC
Bickers Development LLC
Warranty Deed
—
Jul 14, 2006
—
Savanna Investment Properties LLC
Richard W Myers
Warranty Deed
$73,000 · Wayne Bank And Trust Co
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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