Technical
Financial
Distress signals
Property profile

3111 Madison Ave Anderson, IN 46016

OFF-MARKET
Warehouses
Property ID
US31-0505021
90,000 SF 11.21 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Construction TYPE NOT SPECIFIED
Total area 90,000 SF
Lot 11.21 ac (488,177 SF)
APN 48-11-23-100-095.000-003
UPID US31-0505021

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
  • Department Store

Location

3111 Madison Ave Anderson, IN 46016-6011
Anderson metro Census 500 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN 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
$3.58M
Blend (final) Blend
$890k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $3.6M +10.5%

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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