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Property profile & analytics
OFF-MARKET
Commercial real estate
359 Market St Charlestown, IN 47111-1237
Entity Owned
2-yr Hold
Free & Clear
Property ID
US31-1571751
Property summary
AI-generated overview
This exceptional business opportunity is located at 359 Market Street in the vibrant heart of Charlestown, Indiana. Boasting over 3000 square feet of versatile space, this property is ideal for a wide range of commercial ventures. The building includes a partial basement, adding extra storage or functional area, and benefits from ample public parking, ensuring convenient access for customers and employees. Its prime location on Market Street guarantees high visibility and significant foot traffic, making it an excellent choice for businesses seeking maximum exposure. The property sits on a 0.17-acre lot. This location is designated as an Opportunity Zone
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1940
Construction
TYPE NOT SPECIFIED
Total area
6,080 SF
Lot
0.17 ac (7,558 SF)
APN
10-18-11-700-988.000-004
UPID
US31-1571751
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
-
Pirates Den Grocery & Convenience Store Specialty Food 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
Outward Bound Support Services LLC · 2 yrs held
Outward Bound Support Services LLC
since 2023
Last sale
$250,000
4 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 Charlestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlestown 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
$1,645
Tax year 2023
Assessed value
$65,500
Assessed 2023
Previous assessed
$65,500
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$15,800
Assessed improvement
$49,700
Land market value
$15,800
Improvement market value
$49,700
Total market value
$65,500
Applied tax rate
18.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1940
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
6,080 SF
Lot
0.17 ac (7,558 SF)
APN
10-18-11-700-988.000-004
UPID
US31-1571751
Jurisdiction
CLARK
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
1940
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Outward Bound Support Services LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7118 INDEPENDENCE WAY, CHARLESTOWN, IN 47111-7907
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2023
—
Outward Bound Support Services LLC
Ct Opportunity Properties LLC
Warranty Deed
—
Nov 27, 2023
$250,000
Outward Bound Support Services LLC
Ct Opportunity Properties LLC
Warranty Deed
—
Nov 6, 2019
—
Focal Point Props LLC
Woods Apartments LLC
Warranty Deed
—
Apr 18, 2016
—
Woods Apartments LLC
F And J Apartments LLC
Warranty Deed
—
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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