Technical
Financial
Distress signals
Property profile

12071 State Rd 37 Elwood, IN 46036

OFF-MARKET
Warehouses
Property ID
US31-1009643
34,200 SF 3.83 ac lot Built 1997
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1997
Construction WOOD
Total area 34,200 SF
Lot 3.83 ac (166,835 SF)
APN 48-04-11-400-003.000-027
UPID US31-1009643

Cap rate & NOI

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

Location

12071 State Rd 37 Elwood, IN 46036-8986
Elwood metro Census 10400 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.64M
Comparable Approach Comparable
$2.37M
Blend (final) Blend
$675k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $3.3M +81.1%
Retail stores $3.2M +79.9%
Auto repair, garage $2.9M +59.7%

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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