Property profile

2721 State Rd 37 Mitchell, IN 47446

OFF-MARKET
Retail space
Property ID
US31-3161467
10,716 SF 2.18 ac lot Built 2022
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2022
Construction TYPE NOT SPECIFIED
Total area 10,716 SF
Lot 2.18 ac (94,961 SF)
APN 47-11-01-302-017.007-005
UPID US31-3161467

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2721 State Rd 37 Mitchell, IN 47446-6016
Mitchell metro Census 950701 BEDFORD, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.1M +12.9%
Auto repair, garage $1.0M +6.5%
Commercial (general) $955,000 +0.0%

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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