Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,540,000
Warehouses
1810 Fairfield Ln Pendleton, IN 46064-4500
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-2407222
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2006
Construction
WOOD
Total area
36,600 SF
Lot
5 ac (217,800 SF)
APN
48-14-29-100-071.000-013
UPID
US31-2407222
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.83M
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$2.54M
Owner & transaction history
Robert Whitmire · 1 yrs held
Robert Whitmire
since 2025
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+66.7%
Commercial (general)
$3.2M
+53.4%
Retail stores
$3.1M
+49.8%
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 Pendleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pendleton 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%
$3,060,000
6.5%
$2,825,000
7%
$2,625,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,095,000
Current use
RESTAURANT
$3,490,000
Change: +67% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,215,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$3,135,000
Change: +50% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,080,000
Change: +47% · Conversion: Easy
MEDICAL BUILDING
$2,595,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$2.54M
Range $2.29M – $2.79M · ±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
$69 / 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
$26,383
Tax year 2023
Assessed value
$1,013,000
Assessed 2023
Previous assessed
$1,013,000
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$200,000
Assessed improvement
$813,000
Land market value
$200,000
Improvement market value
$813,000
Total market value
$1,013,000
Applied tax rate
34.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Stories
1
Total area
36,600 SF
Lot
5 ac (217,800 SF)
APN
48-14-29-100-071.000-013
UPID
US31-2407222
Jurisdiction
MADISON
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
WAREHOUSE, STORAGE Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.2M
RETAIL STORES
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.6M
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2006
Construction
WOOD
Heating
NONE
Stories
1
Lot
5 ac
Current owner
From public records · entity-resolved
Robert Whitmire
Individual
Mailing address
1810 FAIRFIELD LN, PENDLETON, IN 46064-4500
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
Robert Whitmire
Tempus Pendleton LLC
Deed
$2,500,000 · First Financial Bank NA
Jan 4, 2023
—
Tempus Pendleton LLC
Gvprop LLC
Warranty Deed
—
Oct 9, 2019
—
Gvprop LLC
Windara Farms INC
Warranty Deed
$3,400,000 · First Merchants Bank NA
May 13, 2016
—
Windara Farms INC
—
Deed
related
$1,636,000 · First Financial Bank Fsb
Aug 4, 2010
—
Tanasi Realty INC
San Marco Realty INC
Quit Claim 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.
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 1810 Fairfield Ln?
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.
