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Property profile & analytics
OFF-MARKET
Estimated value
$5,895,000
Theaters & concert halls
1700 Conner St Noblesville, IN 46060-3011
Individually Owned
11-yr Hold
Free & Clear
Property ID
US31-1141709
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
2003
Construction
TYPE NOT SPECIFIED
Total area
71,445 SF
Lot
6.67 ac (290,545 SF)
APN
29-07-31-000-012.001-013
UPID
US31-1141709
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
-
Boys & Girls Club of Noblesville Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.90M
Owner & transaction history
Boys & Girls Club · 11 yrs held
Boys & Girls Club
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.6M
+6.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
THEATER (MOVIE)
$8,095,000
Current use
COMMERCIAL (GENERAL)
$8,600,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$7,115,000
Change: -12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,970,000
Change: -14% · Conversion: Difficult
RETAIL STORES
$6,750,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$5.90M
Range $5.31M – $6.48M · ±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
$83 / 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
Assessed value
$8,835,000
Assessed 2023
Previous assessed
$8,835,000
+0.0% YoY
Assessed land
$1,763,000
Assessed improvement
$7,072,000
Land market value
$1,763,000
Improvement market value
$7,072,000
Total market value
$8,835,000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
2003
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
71,445 SF
Lot
6.67 ac (290,545 SF)
APN
29-07-31-000-012.001-013
UPID
US31-1141709
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
Alternative use value scenarios
Repositioning upside vs current use
THEATER (MOVIE) Current
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$8.6M
MEDICAL BUILDING
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$7.0M
RETAIL STORES
Est. value
$6.8M
THEATER (MOVIE) Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
6.67 ac
Current owner
From public records · entity-resolved
Boys & Girls Club
Individual
Free & Clear · 11 yrs held
Mailing address
1700 CONNER ST, NOBLESVILLE, IN 46060-3011
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Aug 9, 2017
—
Boys & Girls Club Of Noblesville
—
Grant Deed
related
$7,018,319 · First Merchants Bk
Mar 2, 2015
$150,000
Boys & Girls Club
City Of Noblesville
Warranty Deed
—
Mar 2, 2015
—
City Of Noblesville
Noblesville Schools
Quit Claim Deed
—
Mar 12, 2014
$11,500,000
Hamilton County
Noblesville Schools
Grant Deed
—
Mar 12, 2014
$14,500,000
City Of Noblesville Noblesville Schools
Noblesville Schools
Trustees Deed
related
$14,500,000 · Noblesville Schools
Mar 12, 2014
—
Ivy Tech Community College
Hamilton County Commissioners
Grant Deed
related
—
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.
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