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Property profile & analytics
OFF-MARKET
Estimated value
$8,215,000
Warehouses
200 186th St Westfield, IN 46074-2001
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US31-2848776
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2016
Construction
TYPE NOT SPECIFIED
Total area
84,132 SF
Lot
8.07 ac (351,529 SF)
APN
29-05-26-001-003.001-015
UPID
US31-2848776
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
-
DreamAuthentics.com Arcade & Gaming Center (Bike/Boat/Book/etc) Store
-
Pacers Athletic Center Gym & Fitness Center Sports Field & Court
-
Grand Park Fieldhouse Gym & Fitness Center
-
St. Vincent Sports Performance Gym & Fitness Center
-
F18 Sports Field & Court Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.97M
Comparable Approach
Comparable
$11.37M
Blend (final)
Blend
$8.22M
Owner & transaction history
Grand Pk Fieldhouse Bkng Co · 7 yrs held
Grand Pk Fieldhouse Bkng Co
since 2018
4 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 Westfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westfield 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%
$6,465,000
6.5%
$5,965,000
7%
$5,540,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$12,135,000
Current use
Blend value · Realmo final
$8.22M
Range $7.39M – $9.04M · ±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
$98 / 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
$149,011
Tax year 2023
Assessed value
$6,387,300
Assessed 2023
Previous assessed
$6,387,300
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$1,129,800
Assessed improvement
$5,257,500
Land market value
$1,129,800
Improvement market value
$5,257,500
Total market value
$6,387,300
Applied tax rate
15.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2016
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
84,132 SF
Lot
8.07 ac (351,529 SF)
APN
29-05-26-001-003.001-015
UPID
US31-2848776
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
WAREHOUSE, STORAGE Current
Est. value
$12.1M
WAREHOUSE, STORAGE Current
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
2016
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
8.07 ac
Current owner
From public records · entity-resolved
Grand Pk Fieldhouse Bkng Co
Entity
Mailing address
200 E 186TH ST, WESTFIELD, IN 46074-2001
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2018
—
Grand Pk Fieldhouse Bkng Co
—
Trustees Deed
related
$200,000 · Greenfield Bkng
Nov 4, 2016
—
Grand Park Fieldhouse LLC
—
Deed
related
$3,378,000 · Indiana Statewide Certified De
—
—
Grand Park Fieldhouse LLC
—
Deed Of Trust
related
$3,378,000 · Indiana Statewide Certified De
—
—
Grand Park Fieldhouse LLC
—
Deed Of Trust
related
$4,513,000 · Greenfield Bkng
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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