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Property profile & analytics
OFF-MARKET
Retail space
121 Main St Warsaw, IN 46580
Individually Owned
2-yr Hold
Free & Clear
Property ID
US31-1871657
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1939
Construction
WOOD
Total area
3,703 SF
Lot
0.16 ac (6,806 SF)
Zoning code
COMME
APN
43-06-32-300-087.000-019
UPID
US31-1871657
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Commissioners Of Kosciusko Coun · 2 yrs held
The Commissioners Of Kosciusko Coun
since 2024
5 recorded transactions
Zoning & alternative use
COMME · Warsaw, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Warsaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warsaw 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$86,300
Assessed 2023
Previous assessed
$86,300
+0.0% YoY
Assessed land
$8,300
Assessed improvement
$78,000
Land market value
$8,300
Improvement market value
$78,000
Total market value
$86,300
Applied tax rate
19.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
NONE
Stories
2
Total area
3,703 SF
Lot
0.16 ac (6,806 SF)
Zoning code
COMME
APN
43-06-32-300-087.000-019
UPID
US31-1871657
Jurisdiction
KOSCIUSKO
Zoning & alternative use
COMME · Warsaw, IN
Zoning COMME · permitted uses
COMME · Warsaw, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warsaw. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
The Commissioners Of Kosciusko Coun
Individual
Free & Clear · 2 yrs held
Mailing address
100 W CTR ST, WARSAW, IN 46580-2873
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2024
—
The Commissioners Of Kosciusko Coun
Prairie Township
Quit Claim Deed
related
—
Nov 30, 2023
$7,317
Prairie Township Kosciusko County
Al & Js Enterprises LLC
Quit Claim Deed
related
—
Oct 17, 2022
$1,500
Charlene K Marshall
John Slabaugh
Quit Claim Deed
related
—
Dec 9, 2021
—
108 N Harrison St Land Trust
Devon W Borkholder
Warranty Deed
—
Apr 19, 2018
—
John Slabaugh
David A Mulldune
Warranty Deed
—
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.
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