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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
201 State St, Lizton, IN 46149-9224
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US31-2322915
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2013
Construction
TYPE NOT SPECIFIED
Total area
2,800 SF
Lot
1.25 ac (54,450 SF)
APN
32-03-28-316-003.000-021
UPID
US31-2322915
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
-
Sunoco Gas Station Gas Station
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
Mann Brothers Holdings LLC · 2 yrs held
Mann Brothers Holdings LLC
since 2024
6 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 Lizton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lizton 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
$16,622
Tax year 2023
Assessed value
$745,600
Assessed 2023
Previous assessed
$745,600
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$131,300
Assessed improvement
$614,300
Land market value
$131,300
Improvement market value
$614,300
Total market value
$745,600
Applied tax rate
18.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2013
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
2,800 SF
Lot
1.25 ac (54,450 SF)
APN
32-03-28-316-003.000-021
UPID
US31-2322915
Jurisdiction
HENDRICKS
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
2013
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Mann Brothers Holdings LLC
Entity
Mailing address
901 KOSSUTH ST, LAFAYETTE, IN 47905-1465
Ownership since
2024
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
Apr 19, 2024
—
Mann Brothers Holdings LLC
K2 Real Estate LLC
Warranty Deed
$11,092,000 · State Bank
Jan 5, 2023
—
K2 Real Estate LLC
Cckk Management LLC
Warranty Deed
$2,900,000 · Horizon Bank NA
Dec 10, 2021
—
Cckk Management LLC
—
Deed
related
$3,710,000 · Terre Haute Savings Bank
Mar 11, 2016
—
Cckk Management LLC
Come To The Sun Investments LLC
Warranty Deed
$1,338,000 · Huntington National Bank
May 24, 2012
—
Come To The Sun Investments LLC
Mid Indiana Service Co INC
Corporation Deed
$1,027,083 · German American Bancorp INC
Nov 17, 2011
$86,000
Mid Indiana Service Co INC
Tw Development LLC
Warranty Deed
—
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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