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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Schools
1080 350th E Marion, IN 46953-9559
Individually Owned
2-yr Hold
Free & Clear
Property ID
US31-2140562
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1995
Construction
TYPE NOT SPECIFIED
Total area
10,021 SF
Lot
49.06 ac (2,137,184 SF)
APN
27-07-15-200-001.000-001
UPID
US31-2140562
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
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Daniel F Young · 2 yrs held
Daniel F Young
since 2024
Last sale
$531,909
7 recorded transactions
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 Marion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marion 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
$530,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$845,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$630,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$585,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$505,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $532k (Jan 8 2024)
Last sale anchor
$532k
Jan 8 2024
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
$53 / 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
Assessed value
$19,900
Assessed 2023
Previous assessed
$19,900
+0.0% YoY
Assessed land
$11,700
Assessed improvement
$8,200
Land market value
$11,700
Improvement market value
$8,200
Total market value
$19,900
Applied tax rate
5.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1995
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Cooling
CENTRAL
Stories
1
Rooms
7
Bathrooms
5
Total area
10,021 SF
Lot
49.06 ac (2,137,184 SF)
APN
27-07-15-200-001.000-001
UPID
US31-2140562
Jurisdiction
GRANT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$630,000
RETAIL STORES
Est. value
$585,000
MEDICAL BUILDING
Est. value
$505,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1995
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
5
Lot
49.06 ac
Current owner
From public records · entity-resolved
Daniel F Young
Individual
Free & Clear · 2 yrs held
Mailing address
1139 COVENANT LN, MARION, IN 46953-1387
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2024
—
Daniel F Young
Domenic Brankle
Warranty Deed
—
Jan 8, 2024
$531,909
Daniel F Young
Domenic Brankle
Warranty Deed
—
Dec 20, 2023
—
Aaron A Zook JR
Domenic Brankle
Warranty Deed
—
Jul 6, 2023
$8,000
Jerry K Goodpaster JR
Domenic Brankle
Warranty Deed
—
Jan 19, 2022
—
Kingdom Event Center LLC
Crosswins INC
Warranty Deed
—
Jul 1, 2020
—
Domenic K Brankle
—
Deed
related
$227,000 · Grant County State Bank
Mar 12, 2019
—
Daniel F Young
—
Deed
related
$390,000 · Mutual Bank Fsb
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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