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Property profile & analytics
OFF-MARKET
Industrial properties

218 Cincinnati St Franklin, IN 46131-1413

1,486 SF 0.32 ac lot Built 1951
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0287452
Property summary
AI-generated overview

This exceptional 5,038 square foot industrial property, situated on a 0.32-acre lot in downtown Franklin, Indiana, presents a fantastic opportunity for a growing business. The building boasts ample office space, adaptable to a variety of business needs. Recent upgrades include a new HVAC system and hot water tank, ensuring efficient and comfortable operation. A modern bathroom is also included. The substantial warehouse area features two gas heaters, providing reliable warmth, and excellent lighting throughout. A large overhead door facilitates easy loading and unloading of goods. The current owner has invested in significant improvements, creating a well-maintained and functional space. With over 5,000 square feet of versatile space, this property is ideal for a wide range of businesses seeking a prominent downtown location. The combination of office and warehouse space, coupled with the recent upgrades, makes this an attractive and ready-to-occupy commercial property. Its central location in Franklin offers excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained, upgraded industrial space in a thriving downtown area. The property is priced competitively at $450,000, reflecting its value and potential. Don't miss out on this chance to establish or expand your business in a prime Franklin location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1951
Construction WOOD
Total area 1,486 SF
Lot 0.32 ac (14,026 SF)
APN 41-08-14-013-113.000-009
UPID US31-0287452
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jsh Property Group LLP · 1 yrs held
Jsh Property Group LLP
since 2025
Last sale
$400,000
6 recorded transactions
2025
$400,000
2023
Price N/A
2022
$185,000
2018
Price N/A
2017
Price N/A
2016
$55,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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