Property profile

3665 State Hwy 3rd 3 North Vernon, IN 47265

OFF-MARKET
Warehouses
Property ID
US31-3218478
317,550 SF 75.3 ac lot Built 2017
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2017
Construction STEEL FRAME
Total area 317,550 SF
Lot 75.3 ac (3,280,199 SF)
APN 40-09-21-200-008.003-004
UPID US31-3218478

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3665 State Hwy 3rd 3 North Vernon, IN 47265-7293
North Vernon metro Census 960302 NORTH VERNON, IN MICROPOLITAN 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
by Request
Blend (final) Blend
$15.45M

Owner & transaction history

since 2016
3 recorded transactions
2016
Price N/A
2016
Price N/A
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $25.7M +45.6%
Commercial (general) $25.4M +43.6%
Auto repair, garage $20.2M +14.6%

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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