Technical
Financial
Distress signals
Property profile

188 Madison Ave Greenwood, IN 46142

OFF-MARKET
Turn key restaurants
Property ID
US31-0877638
1,400 SF 0.03 ac lot Built 1930
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction WOOD
Total area 1,400 SF
Lot 0.03 ac (1,481 SF)
APN 41-02-32-013-098.000-026
UPID US31-0877638

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
  • Auto Repair Shop
  • Security Service
  • Restaurant
  • Production Facility Brewery & Distillery

Location

188 Madison Ave Greenwood, IN 46142-3573
Greenwood metro Census 610300 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2022
Last sale
$340,000
2 recorded transactions
2022
$340,000
2016
$90,000

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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