Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,020,000
Outlet malls
16865 Clover Rd Noblesville, IN 46060-3640
Individually Owned
12-yr Hold
Free & Clear
Property ID
US31-0301539
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1997
Construction
TYPE NOT SPECIFIED
Total area
200,607 SF
Lot
18.78 ac (818,057 SF)
APN
29-11-06-000-014.002-013
UPID
US31-0301539
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
-
Ria Money Transfer - Walmart Bank Credit Union
-
Coinstar Bank Credit Union
-
Walmart Tech Services Tech Support Center (Bike/Boat/Book/etc) Store
-
Walmart Home Theater Installation Electrical Service General Contractor
-
MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.70M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.02M
Owner & transaction history
Town & Country Noblesville · 12 yrs held
Town & Country Noblesville
since 2014
6 recorded transactions
Zoning & alternative use
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 Noblesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Noblesville 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%
$12,675,000
6.5%
$11,700,000
7%
$10,865,000
Blend value · Realmo final
$9.02M
Range $8.12M – $9.92M · ±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
$45 / 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
$277,087
Tax year 2023
Assessed value
$10,254,500
Assessed 2023
Previous assessed
$10,254,500
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$6,556,000
Assessed improvement
$3,698,500
Land market value
$6,556,000
Improvement market value
$3,698,500
Total market value
$10,254,500
Applied tax rate
13.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1997
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
200,607 SF
Lot
18.78 ac (818,057 SF)
APN
29-11-06-000-014.002-013
UPID
US31-0301539
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
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
1997
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
18.78 ac
Current owner
From public records · entity-resolved
Town & Country Noblesville
Individual
Free & Clear · 12 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2020
—
Town & Cntry Noblesville Stati
—
Deed
related
$13,480,000 · Miscellaneous Ins Co
Aug 15, 2018
—
Town & Cntry Noblesville Station LLC
—
Loan Modification
related
$13,480,000 · Miscellaneous Ins Co
Oct 25, 2017
—
Town & Cntry Noblesville Stn L
—
Grant Deed
related
$13,480,000 · Miscellaneous Ins Co
Jan 31, 2014
$18,381,226
Town & Country Noblesville
Rg Indiana LLC
Warranty Deed
—
—
—
Town & Cntry Noblesville Stati
—
Loan Modification
related
$13,480,000 · Miscellaneous Ins Co
—
—
Town & Cntry Noblesville Stati
—
Loan Modification
related
$195,000,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16865 Clover Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
