Property profile

119 Meridian St Sunman, IN 47041

OFF-MARKET
Retail space
Property ID
US31-1252074
9,180 SF 0.75 ac lot Built 2016
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction TYPE NOT SPECIFIED
Total area 9,180 SF
Lot 0.75 ac (32,670 SF)
APN 69-07-08-444-016.000-004
UPID US31-1252074

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Discount Store
  • Restaurant

Location

119 Meridian St Sunman, IN 47041-7895
Sunman metro Census 968402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$804k
Blend (final) Blend
$585k

Owner & transaction history

since 2010
3 recorded transactions
2010
$70,001
2010
$65,001
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $770,000 +32.2%
Restaurant $720,000 +23.6%
Commercial (general) $700,000 +20.2%

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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