Technical
Financial
Distress signals
Property profile

351 Morton St Franklin, IN 46131

OFF-MARKET
Drive through restaurants
Property ID
US31-0255294
630 SF 0.43 ac lot Built 1990
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1990
Construction TYPE NOT SPECIFIED
Total area 630 SF
Lot 0.43 ac (18,731 SF)
APN 41-08-14-032-017.000-009
UPID US31-0255294

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
  • Grocery & Convenience Store Specialty Food Shop

Location

351 Morton St Franklin, IN 46131-1681
Franklin metro Census 610900 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2022
Last sale
$312,500
1 recorded transaction
2022
$312,500

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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