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Property profile & analytics
OFF-MARKET
Estimated value
$5,820,000
Warehouses
1103 Maple St Bristol, IN 46507-8330
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US31-0776549
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1999
Construction
WOOD
Total area
112,457 SF
Lot
17.45 ac (760,122 SF)
Zoning code
ZO01
APN
20-03-27-377-001.000-031
UPID
US31-0776549
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
-
Great Lakes Lamination, Inc. Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.12M
Blend (final)
Blend
$5.82M
Owner & transaction history
Besaam LLC · 3 yrs held
Besaam LLC
since 2023
7 recorded transactions
Zoning & alternative use
ZO01 · Bristol, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.5M
+84.9%
Industrial (general)
$4.0M
+33.4%
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,500,000
Change: +85% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,965,000
Change: +33% · Conversion: Easy
Blend value · Realmo final
$5.82M
Range $5.24M – $6.40M · ±10%
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
$52 / 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
Tax billed
$234,386
Tax year 2023
Assessed value
$10,738,700
Assessed 2023
Previous assessed
$10,738,700
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$528,100
Assessed improvement
$10,210,600
Land market value
$528,100
Improvement market value
$10,210,600
Total market value
$10,738,700
Applied tax rate
31.0000
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Stories
1
Total area
112,457 SF
Lot
17.45 ac (760,122 SF)
Zoning code
ZO01
APN
20-03-27-377-001.000-031
UPID
US31-0776549
Jurisdiction
ELKHART
Zoning & alternative use
ZO01 · Bristol, IN
Zoning ZO01 · permitted uses
ZO01 · Bristol, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bristol. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.5M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1999
Construction
WOOD
Heating
YES
Stories
1
Lot
17.45 ac
Current owner
From public records · entity-resolved
Besaam LLC
Entity
Mailing address
16989 WOODLAND HLS DR S, GRANGER, IN 46530-5908
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2023
—
Besaam LLC
Jlmes LLC
Warranty Deed
$21,800,000 · Lake City Bank
Oct 26, 2018
—
1103 S Maple LLC
—
Deed
related
—
Sep 20, 2018
—
Hitech Housing INC
—
Deed
related
—
Jul 13, 2018
—
Hi-tech Housing INC
—
Trustees Deed
related
$502,500 · First Equity Bk
Apr 13, 2018
—
1103 S Maple LLC
—
Deed
related
—
Jan 15, 2008
—
1103 South Maple LLC
Pinnacle Real Estate Ptshp LLC
Warranty Deed
—
—
—
1103 S Maple LLC
—
Loan Modification
related
—
—
—
Hi-tech Housing INC
—
Loan Modification
related
—
—
—
1103 S Maple LLC
—
Loan Modification
related
—
—
—
1103 S Maple LLC
—
Deed Of Trust
related
—
—
—
1103 S Maple LLC
—
Loan Modification
related
—
—
—
1103 S Maple LLC
—
Loan Modification
related
—
—
—
1103 S Maple LLC
—
Loan Modification
related
—
—
—
Hitech Housing INC
—
Loan Modification
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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