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Property profile & analytics
OFF-MARKET
Retail space
132 Orpha Dr Middlebury, IN 46540-9702
Entity Owned
1-yr Hold
Free & Clear
Property ID
US31-0877403
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
WOOD
Total area
6,278 SF
Lot
0.87 ac (37,854 SF)
Zoning code
ZO01
APN
20-08-15-302-007.000-035
UPID
US31-0877403
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
Current use
Occupant on record · Public records
-
Monteith's Best-One Tire & Service of Middlebury (Bike/Boat/Book/etc) Store Auto Parts Store
-
NAPA Auto Parts - Jenkins Automotive Inc Auto Parts Store
-
Intoxalock Ignition Interlock Building Supply General Contractor
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
Agree Stores LLC · 1 yrs held
Agree Stores LLC
since 2024
7 recorded transactions
Zoning & alternative use
ZO01 · Middlebury, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Middlebury, VT
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 Middlebury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middlebury 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
Tax billed
$9,264
Tax year 2023
Assessed value
$366,100
Assessed 2023
Previous assessed
$366,100
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$24,100
Assessed improvement
$342,000
Land market value
$24,100
Improvement market value
$342,000
Total market value
$366,100
Applied tax rate
35.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2008
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
6,278 SF
Lot
0.87 ac (37,854 SF)
Zoning code
ZO01
APN
20-08-15-302-007.000-035
UPID
US31-0877403
Jurisdiction
ELKHART
Zoning & alternative use
ZO01 · Middlebury, INZoning ZO01 · permitted uses
ZO01 · Middlebury, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Middlebury, VT
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Agree Stores LLC
Entity
Free & Clear · 1 yrs held
Mailing address
30 N LA SALLE ST STE #4140, CHICAGO, IL 60602-2900
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2024
—
Agree Stores LLC
Namii002 LLC
Special Warranty Deed
—
Jan 4, 2024
—
Namiin002 LLC
Geneva Pacific Development Fund Nap
Quit Claim Deed
$13,800,000 · Old National Bank
Dec 19, 2023
—
Geneva Pacific Development Fund Nap
R&s Jenkins Properties LLC
Special Warranty Deed
—
Jan 3, 2023
$3,575
State Of Indiana
R&s Jenkins Properties LLC
Warranty Deed
—
Jun 19, 2017
—
R & S Jenkins Properties LLC
—
Deed
related
—
Aug 25, 2008
—
Monteith Tire Of Goshen INC
R & S Jenkins Properties LLC
Warranty Deed
related
—
Nov 30, 2007
—
R & S Jenkins Properties LLC
—
Trustees Deed
related
$1,250,000 · Lake City Bank
Sep 19, 2007
—
R & S Jenkins Properties LLC
Ritchie,danny R & Rebecca K
Quit Claim Deed
related
—
—
—
R & S Jenkins Properties LLC
—
Deed Of Trust
related
$800,000 · Lake Cty Bk
—
—
R & S Jenkins Properties LLC
—
Loan Modification
related
—
—
—
R & S Jenkins Properties LLC
—
Deed Of Trust
related
$475,000 · Lake City Bank
—
—
Monteith Tire Of Goshen INC
—
Deed Of Trust
related
$944,691 · Lake City Bank
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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