Property profile

3201 Bearing Dr Franklin, IN 46131

OFF-MARKET
Warehouses
Property ID
US31-0817331
136,760 SF 31.47 ac lot Built 1992
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1992
Construction TYPE NOT SPECIFIED
Total area 136,760 SF
Lot 31.47 ac (1,370,790 SF)
APN 41-05-34-044-016.000-009
UPID US31-0817331

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
  • Factory Production Facility

Location

3201 Bearing Dr Franklin, IN 46131-7415
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
$11.42M
Comparable Approach Comparable
$16.59M
Blend (final) Blend
$12.01M

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $19.2M +50.1%
Commercial (general) $12.9M +0.9%

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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