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Property profile

2424 Franklin St Michigan City, IN 46360

OFF-MARKET
Office Spaces
Property ID
US31-0276130
View Sample
11,776 SF 0.33 ac lot Built 1968
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1968
Construction WOOD
Total area 11,776 SF
Lot 0.33 ac (14,288 SF)
APN 46-01-33-301-019.000-022
UPID US31-0276130

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
  • Handicapped Transportation Service Medical Transcription Service
  • Law Firm
  • Law Firm Financial Advisor
  • Electronics & Wireless Store
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$403k
Blend (final) Blend
$275k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2016
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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