Property profile

156 Franklin St Spencer, IN 47460

OFF-MARKET
Manufacturing properties
Property ID
US31-1816978
29,069 SF 0.85 ac lot Built 1994
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1994
Construction WOOD
Total area 29,069 SF
Lot 0.85 ac (36,939 SF)
APN 60-10-20-400-400.550-028
UPID US31-1816978

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
  • (Bike/Boat/Book/etc) Store Printing Service

Location

156 Franklin St Spencer, IN 47460-1818
Spencer metro Census 955800 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2026
2 recorded transactions
2026
Price N/A
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $1.8M +28.8%

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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