Property profile

170 Commerce Dr Franklin, IN 46131

OFF-MARKET
Commercial real estate
Property ID
US31-0961648
4,608 SF 1.03 ac lot Built 1997
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1997
Construction WOOD
Total area 4,608 SF
Lot 1.03 ac (44,997 SF)
APN 41-08-10-011-010.000-009
UPID US31-0961648

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
  • Marketing & Advertising Advertising Agency
  • Marketing & Advertising Printing Service

Location

170 Commerce Dr Franklin, IN 46131-7312
Franklin metro Census 610802 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$735k
Comparable Approach Comparable
$634k
Blend (final) Blend
$630k

Owner & transaction history

since 2005
4 recorded transactions
2020
Price N/A
2017
Price N/A
2017
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $645,000 +48.7%

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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