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Property profile & analytics
OFF-MARKET
Estimated value
$16,000,000
Commercial real estate
14600 Gtwy Rd Cambridge City, IN 47327-9412
Individually Owned
3-yr Hold
Free & Clear
Property ID
US31-1461513
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Construction
TYPE NOT SPECIFIED
Total area
154,443 SF
Lot
73.21 ac (3,189,158 SF)
Zoning code
ZO01
APN
89-08-11-000-420.003-015
UPID
US31-1461513
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
$20.85M
Comparable Approach
Comparable
$12.02M
Blend (final)
Blend
$16.00M
Owner & transaction history
State Of Indiana · 3 yrs held
State Of Indiana
since 2023
Last sale
$1,000
2 recorded transactions
Zoning & alternative use
ZO01 · Cambridge City, 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 Cambridge City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge City 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,585,000
6.5%
$20,850,000
7%
$19,360,000
Blend value · Realmo final
$16.00M
Range $14.40M – $17.60M · ±10% · vs last sale $1k (May 16 2023)
Last sale anchor
$1k
May 16 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$104 / SF
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 2022Property tax & assessments
Tax year 2022
Tax billed
$226,746
Tax year 2022
Assessed value
$9,953,400
Assessed 2023
Previous assessed
$9,953,400
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$878,600
Assessed improvement
$9,074,800
Land market value
$878,600
Improvement market value
$9,074,800
Total market value
$9,953,400
Applied tax rate
10.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
5
Stories
1
Total area
154,443 SF
Lot
73.21 ac (3,189,158 SF)
Zoning code
ZO01
APN
89-08-11-000-420.003-015
UPID
US31-1461513
Jurisdiction
WAYNE
Zoning & alternative use
ZO01 · Cambridge City, INZoning ZO01 · permitted uses
ZO01 · Cambridge City, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
5
Lot
73.21 ac
Current owner
From public records · entity-resolved
State Of Indiana
Individual
Free & Clear · 3 yrs held
Mailing address
100 N SENATE AVE RM N758, INDIANAPOLIS, IN 46204-2219
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2023
$1,000
State Of Indiana
Dot Indiana 2018 LLC
Warranty Deed
—
Mar 22, 2007
—
Economic Development Corporation Of
Wayne County
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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