Property profile

11050 State Rd 56 French Lick, IN 47432

OFF-MARKET
Retail space
Property ID
US31-1509097
11,266 SF 129.27 ac lot Built 1946
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Construction WOOD
Total area 11,266 SF
Lot 129.27 ac (5,631,001 SF)
APN 59-12-08-800-006.000-001
UPID US31-1509097

Cap rate & NOI

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

Location

11050 State Rd 56 French Lick, IN 47432
French Lick metro Census 951600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$750k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +37.0%
Industrial (general) $1.1M +35.7%

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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