Property profile

16645 Mercantile Blvd Noblesville, IN 46060

OFF-MARKET
Turn key restaurants
Property ID
US31-0508631
5,188 SF 1.27 ac lot Built 2002
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2002
Construction WOOD
Total area 5,188 SF
Lot 1.27 ac (55,321 SF)
APN 29-11-05-003-001.000-013
UPID US31-0508631

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

Location

16645 Mercantile Blvd Noblesville, IN 46060-4135
Noblesville metro Census 110513 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
$892k
Blend (final) Blend
$810k

Owner & transaction history

since 2017
2 recorded transactions
2017
$2.5M
2017
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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