Realmo Analytics

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Property profile

118-120 N Main St Hebron, IN 46341

FOR SALE
Retail space
Property ID
US31-0521139
2,850 SF 0.04 ac lot Built 1927
Last sale Jul 2023 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use property consists of a restaurant building and multiple apartment units, configured under a single ownership structure with both commercial and residential components in one asset. The restaurant includes equipment and supplies that were included as part of the offering, and the apartment units are occupied by long-term tenants. The property is located at 120 N Main St in Hebron, Indiana.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$91k
Assessed land$13k
Assessed improvement$78k
Effective rate2.74%

Value estimate

· Nov 2026
$360k
$324k – $396k
AI approach$410k
NOI build-up
Gross scheduled income$209k
Vacancy & credit loss−$13k
Operating expenses−$74k
NOI · 7.33% cap applied$123k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$60 – $174
Qualifying comparables3

Cap rate analysis

How does the asset earn?
7.33%
$123k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.9
Hair Salon10.4
Realty agency9.6

Location

118-120 N Main St Hebron, IN 46341
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
52 Nichols, Hebron, IN 46341-8774 $35,000 Nov 2024 1,200 SF
616 Main, Hebron, IN 46341-8904 $170,000 Jul 2024 176 SF
119 Main, Hebron, IN 46341-8971 $125,000 Feb 2024 2,365 SF
615 Main, Hebron, IN 46341-8710 $170,000 Oct 2023 2,759 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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