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Property profile & analytics
OFF-MARKET
Retail space
301 Jefferson St Madison, IN 47250-3408
Individually Owned
Absentee Owner
Free & Clear
Property ID
US31-2314701
Property summary
AI-generated overview
This exceptional three-story brick building, located at 301 Jefferson Street in the heart of downtown Madison, Indiana, presents a unique investment opportunity. The property boasts a prime corner location, ensuring high visibility and accessibility. The main building currently functions as retail space on the ground floor, with residential living quarters situated on the upper two floors. Attached to the main structure is a two-story workshop, currently utilized for storage on the second level. The building's electrical system is robust, featuring four electric panels, providing ample capacity for future expansion or modifications. Convenient free parking is readily available in nearby city lots. The upper levels offer stunning river views, a highly desirable feature. A fascinating historical element is the third floor, which once served as a dance hall
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
WOOD
Total area
5,520 SF
Lot
0.06 ac (2,400 SF)
APN
39-13-02-241-004.000-007
UPID
US31-2314701
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
KIMBERLY A KIRCHNER
KIMBERLY A KIRCHNER
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,380
Tax year 2023
Assessed value
$115,700
Assessed 2023
Previous assessed
$115,700
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$19,300
Assessed improvement
$96,400
Land market value
$19,300
Improvement market value
$96,400
Total market value
$115,700
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
NONE
Stories
3
Units
1
Total area
5,520 SF
Lot
0.06 ac (2,400 SF)
APN
39-13-02-241-004.000-007
UPID
US31-2314701
Jurisdiction
JEFFERSON
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
1900
Construction
WOOD
Heating
NONE
Stories
3
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
KIMBERLY A KIRCHNER
Individual
Free & Clear · 0 yrs held
Mailing address
303 JEFFERSON ST, MADISON, IN 47250-3408
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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