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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Auto shops
1501 Indianapolis Rd Greencastle, IN 46135-2414
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US31-1200730
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1972
Construction
TYPE NOT SPECIFIED
Total area
21,498 SF
Lot
2.79 ac (121,532 SF)
Zoning code
ZO01
APN
67-09-14-304-003.000-008
UPID
US31-1200730
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
-
YORK CHEVROLET-BUICK-GMC, INC. Auto Parts Store
-
York Chevrolet Buick GMC Car Dealership
-
York Chevrolet Buick GMC - Parts Department Auto Parts Store
-
GMC at YORK, INC. Car Dealership
-
BUICK at BUCHANAN Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
York Brothers Realty INC · 6 yrs held
York Brothers Realty INC
since 2020
7 recorded transactions
Zoning & alternative use
ZO01 · Greencastle, 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 Greencastle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greencastle 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,960,000
Current use
WAREHOUSE, STORAGE
$1,870,000
Change: -5% · Conversion: Easy
RETAIL STORES
$1,850,000
Change: -6% · Conversion: Difficult
RESTAURANT
$1,810,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,690,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10%
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
$67 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$20,595
Tax year 2023
Assessed value
$686,500
Assessed 2023
Previous assessed
$686,500
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$344,500
Assessed improvement
$342,000
Land market value
$344,500
Improvement market value
$342,000
Total market value
$686,500
Applied tax rate
15.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1972
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
21,498 SF
Lot
2.79 ac (121,532 SF)
Zoning code
ZO01
APN
67-09-14-304-003.000-008
UPID
US31-1200730
Jurisdiction
PUTNAM
Zoning & alternative use
ZO01 · Greencastle, INZoning ZO01 · permitted uses
ZO01 · Greencastle, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
RESTAURANT
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE Current
WAREHOUSE, STORAGE
RETAIL STORES
RESTAURANT
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
2.79 ac
Current owner
From public records · entity-resolved
York Brothers Realty INC
Entity
Mailing address
PO BOX 493, GREENCASTLE, IN 46135-0493
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2020
—
York Brothers Realty INC
—
Deed
related
—
Oct 15, 2019
—
York Brothers Realty INC
—
Deed
related
—
—
—
York Brothers Realty INC
—
Deed Of Trust
related
—
—
—
York Brothers Realty INC
—
Deed Of Trust
related
—
—
—
York Brothers Realty INC
—
Deed Of Trust
related
—
—
—
York Brothers Realty INC
—
Deed Of Trust
related
$1,000,000 · First National Bank
—
—
York Brothers Realty INC
—
Deed Of Trust
related
$850,000 · First National Bank
—
—
York Brothers Realty INC
—
Deed Of Trust
related
$1,079,447 · First National Bank
—
—
York Brothers Realty INC
—
Deed Of Trust
related
—
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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