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Property profile & analytics
OFF-MARKET
Commercial real estate
19 Washington St Morgantown, IN 46160-9782
Entity Owned
3-yr Hold
Free & Clear
Property ID
US31-1867002
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1940
Construction
TYPE NOT SPECIFIED
Total area
1,234 SF
Lot
0.13 ac (5,663 SF)
APN
55-14-25-205-001.000-013
UPID
US31-1867002
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
-
Shear Style Hair Studio Hair Salon Nail Salon
-
The Rustic Beauty Bar Hair Salon Nail Salon
-
Thrivent Financial Financial Advisor
-
Wild Oats Co LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rosebud Properties LLC · 3 yrs held
Rosebud Properties LLC
since 2023
Last sale
$69,000
5 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 Morgantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morgantown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,708
Tax year 2023
Assessed value
$113,200
Assessed 2023
Previous assessed
$113,200
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$45,500
Assessed improvement
$67,700
Land market value
$45,500
Improvement market value
$67,700
Total market value
$113,200
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
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1940
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
1,234 SF
Lot
0.13 ac (5,663 SF)
APN
55-14-25-205-001.000-013
UPID
US31-1867002
Jurisdiction
MORGAN
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
1940
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Rosebud Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2908 S HICKEY RD, MORGANTOWN, IN 46160-9350
Ownership since
2023
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
Apr 17, 2023
—
Rosebud Properties LLC
Gretchen Hickey
Quit Claim Deed
related
—
Jan 7, 2022
—
American Hometown Properties LLC
—
Deed
related
$254,000 · The Peoples State Bank
Sep 27, 2019
—
American Hometown Properties LLC
Linda M Hoff
Warranty Deed
—
Mar 27, 2012
$69,000
Gretchen Rose Hickey
Dan L Grimmer
Warranty Deed
—
Jan 23, 2007
—
Dana L Grimmer
Max S Woodbury
Warranty Deed
$64,170 · Lincoln Bank
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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