New search
Property profile & analytics
FOR LEASE
Strip malls
2991 Fulmer Dr Bargersville, IN 46131
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US31-1227708
For Lease
1 / 3
$24 SF/Yr
2991 Fulmer Dr, Bargersville, IN 46131
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
TYPE NOT SPECIFIED
Total area
16,000 SF
Lot
4.29 ac (186,960 SF)
APN
41-04-25-022-007.000-039
UPID
US31-1227708
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
AI Approach
AI
$3.82M
CAP Approach
CAP
$2.98M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.38M
Owner & transaction history
Ohio Properties LLC · 6 yrs held
Ohio Properties LLC
since 2020
Last sale
$3.2M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bargersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bargersville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,705,000
ML approach
$3,815,000
CAP Approach
CAP Return
Estimation
6%
$3,230,000
6.5%
$2,980,000
7%
$2,770,000
Blend value · Realmo final
$3.38M
Range $3.04M – $3.72M · ±10% · vs last sale $3.20M (Mar 20 2020)
Last sale anchor
$3.20M
Mar 20 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$211 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$87,244
Tax year 2023
Assessed value
$3,446,200
Assessed 2023
Previous assessed
$3,446,200
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$1,305,800
Assessed improvement
$2,140,400
Land market value
$1,305,800
Improvement market value
$2,140,400
Total market value
$3,446,200
Applied tax rate
39.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2008
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Stories
1
Units
10
Total area
16,000 SF
Lot
4.29 ac (186,960 SF)
APN
41-04-25-022-007.000-039
UPID
US31-1227708
Jurisdiction
JOHNSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
2
Units
10
Lot
4.29 ac
Current owner
From public records · entity-resolved
Ohio Properties LLC
Entity
Mailing address
PO BOX 829, GREENWOOD, IN 46142-0829
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2025
—
Ohio Properties LLC
—
Deed
related
$3,412,500 · Mutual Savings Bank
Apr 29, 2020
—
Ohio Properties LLC
—
Deed
related
$347,982 · Mutual Savings Bank
Mar 20, 2020
$3,200,000
Ohio Properties LLC
Venture Real Estate Investment Grou
Limited Warranty Deed
$1,052,018 · Mutual Savings Bank
Feb 25, 2014
$1,837,000
Venture Real Estate Investment
Douglas F Sheriff Cox
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
