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Property profile & analytics
OFF-MARKET
Retail space
3200 Sheridan Rd Noblesville, IN 46062-8724
Individually Owned
9-yr Hold
Absentee Owner
Property ID
US31-3334915
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
WOOD
Total area
4,048 SF
Lot
5.83 ac (253,955 SF)
APN
29-06-28-000-008.000-012
UPID
US31-3334915
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
Current use
Occupant on record · Public records
-
Providence Outdoor, INC Landscaping General Contractor
-
Providence Home + Garden Center ( w/Cafe Jardin Coffee ) Cafe & Coffee Shop
-
Cafe Jardin Cafe & Coffee Shop
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
Joel Kempson · 9 yrs held
Joel Kempson
since 2016
7 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 Noblesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Noblesville 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
$10,346
Tax year 2023
Assessed value
$559,400
Assessed 2023
Previous assessed
$559,400
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$220,000
Assessed improvement
$339,400
Land market value
$220,000
Improvement market value
$339,400
Total market value
$559,400
Applied tax rate
12.0000
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
1955
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
8
Bathrooms
3
Total area
4,048 SF
Lot
5.83 ac (253,955 SF)
APN
29-06-28-000-008.000-012
UPID
US31-3334915
Jurisdiction
HAMILTON
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
1955
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
3
Lot
5.83 ac
Current owner
From public records · entity-resolved
Joel Kempson
Individual
Mailing address
275 MEDICAL DR UNIT #1216, CARMEL, IN 46082-0200
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2017
—
Joel Kempson
—
Deed
related
$255,000 · American Internet Mortgage INC
Oct 11, 2016
$360,000
Joel Kempson
Denise S Koers
Warranty Deed
—
Jan 22, 2013
—
Denise S Heidelberger
Real Property Sales And Investments
Warranty Deed
$256,400 · Tucker Mortgage LLC
Sep 9, 2010
—
Real Property Sales & Invs INC
Keybank NA
Grant Deed
—
Jul 17, 2009
$127,602
Keybank Natl
Sheriff Of Jasper County
Trustees Deed
related
—
Jun 24, 2008
—
3200 Sheridan Road Land Trust
Meredith,richard A
Warranty Deed
—
—
—
Denise S Heidelberger
—
Deed Of Trust
related
$36,000 · Forum Cu
—
—
Denise S Heidelberger
—
Deed Of Trust
related
$20,000 · Forum Cu
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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