Property profile

2990 Morton St Franklin, IN 46131

OFF-MARKET
Medical Office Space
Property ID
US31-0730360
10,894 SF 1 ac lot Built 2007
Individually Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 10,894 SF
Lot 1 ac (43,560 SF)
APN 41-08-03-024-023.000-009
UPID US31-0730360

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
  • Veterinary Clinic
  • Veterinary Clinic
  • Veterinary Clinic

Location

2990 Morton St Franklin, IN 46131-9743
Franklin metro Census 610802 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$534k
Blend (final) Blend
$535k

Owner & transaction history

since 2024
Last sale
$8,800
4 recorded transactions
2024
$8,800
2024
Price N/A
2024
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $810,000 +27.3%
Retail stores $805,000 +26.8%
Commercial (general) $740,000 +16.4%

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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