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Property profile & analytics

1049 Indianapolis Rd Greencastle, IN 46135

  • Commercial real estate
  • 5,928 SF
  • 1.89 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-0617623
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Thomas Ditching Inc / General Contractor / Construction Company

Property Details for 1049 Indianapolis Rd

Year built
1990
Construction
WOOD
Lot size
1.89 lot acres
Property size
5,928 SF
Zone code
ZO01
Property type
Commercial real estate
APN
67-09-15-403-018.000-008
APU
670915403018000008

Description

This exceptional investment opportunity encompasses three commercial/industrial buildings situated on a spacious 1.89-acre lot in Greencastle, Indiana. The property boasts a total of 10,374 square feet of building space, complemented by an additional 280-square-foot garage. Building #1, constructed in 1990 and measuring 1,566 square feet, features a shop area, two offices, a restroom, gas furnace and space heating, partial central air conditioning, and two overhead doors. Recent updates include a new roof and gutters. Building #2, a substantial 5,928 square feet, comprises sections built in 1989, 2003, and 2016. It includes warehouse/storage space, an office, a restroom, and two overhead doors. This building has benefited from a new roof, updated furnace, and air conditioning. Finally, Building #3, a 2,880-square-foot structure built in 2006, offers warehouse/shop space, an office, a restroom, and a loft. It features three overhead doors and is equipped with space heating, a heat pump, and air conditioning. New gutters have been recently installed. This property presents a rare opportunity to acquire a well-maintained, multi-building complex with significant potential for diverse commercial or industrial uses. The location in Greencastle offers convenient access to transportation routes and a growing local market. The asking price is $675,000.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Greencastle
County
Putnam
State
Indiana
Longitude
-86.8369
Latitude
39.6473
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,489
$93,800
$122,500
$216,300
-
$93,800
$122,500
$216,300
More about this property
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