Technical
Financial
Distress signals
Property profile

1400 Morton St Franklin, IN 46131

OFF-MARKET
Drive through restaurants
Property ID
US31-1185092
3,078 SF 0.86 ac lot Built 1994
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1994
Construction WOOD
Total area 3,078 SF
Lot 0.86 ac (37,244 SF)
APN 41-08-15-011-001.009-009
UPID US31-1185092

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
  • Restaurant Take-out & Catering

Location

1400 Morton St Franklin, IN 46131-1260
Franklin metro Census 610900 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2024
$1.2M
2024
Price N/A
2023
$67,050
2023
Price N/A
2022
Price N/A
2018
Price N/A

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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