Property profile

2087 Franklin Rd Spencer, IN 47460

OFF-MARKET
Manufacturing properties
Property ID
US31-1500684
25,076 SF 5.12 ac lot Built 1996
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1996
Construction WOOD
Total area 25,076 SF
Lot 5.12 ac (222,897 SF)
APN 60-17-10-100-040.000-016
UPID US31-1500684

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
  • Kitchen & Bath Showroom Hardware & Home Improvement
  • Carpet & Flooring Store Hardware & Home Improvement

Location

2087 Franklin Rd Spencer, IN 47460-5038
Spencer metro Census 955900 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$767k
Blend (final) Blend
$475k

Owner & transaction history

since 2015
4 recorded transactions
2023
Price N/A
2015
Price N/A
2014
Price N/A
2012
Price N/A

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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