Technical
Financial
Distress signals
Property profile

165 Madison Ave Greenwood, IN 46142

OFF-MARKET
Other office properties
Property ID
US31-0600903
5,433 SF 0.05 ac lot Built 1930
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property includes an approximately 1,500-square-foot office suite on the second floor in downtown Greenwood, situated near the corner of Main Street and Madison Avenue, in Johnson County. The suite is accessed by stairs and is configured for tenant buildout. The site has a lot size of 0.05 acres, and the overall property footprint is approximately 5,724 square feet. The property is zoned OT.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 1930
Construction WOOD
Total area 5,433 SF
Lot 0.05 ac (2,047 SF)
APN 41-02-32-013-103.000-026
UPID US31-0600903

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
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

165 Madison Ave Greenwood, IN 46142-3572
Greenwood metro Census 610300 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$775k
CAP Approach CAP
$865k
Comparable Approach Comparable
by Request
Blend (final) Blend
$665k

Owner & transaction history

since 2022
Last sale
$825,000
4 recorded transactions
2022
$825,000
2022
Price N/A
2019
Price N/A
2019
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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