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Property profile & analytics
OFF-MARKET
Estimated value
$2,565,000
Industrial properties
3961 Perry Blvd Whitestown, IN 46075-8816
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US31-2300045
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2014
Construction
TYPE NOT SPECIFIED
Total area
18,068 SF
Lot
2.95 ac (128,546 SF)
Zoning code
ZO01
APN
06-07-27-000-009.018-020
UPID
US31-2300045
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
-
Eco Infrastructure Solutions General Contractor Construction Company
-
Heartland Dredging Hardware & Home Improvement Landscaping
-
Innovative Engineering & Consulting Engineering Consultant Land Surveying Office
-
Valenti Held Group Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$2.57M
Owner & transaction history
Valenti-held Contractor /developer · 4 yrs held
Valenti-held Contractor /developer
since 2021
Last sale
$2.6M
1 recorded transaction
Zoning & alternative use
ZO01 · Whitestown, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+102.9%
Commercial (general)
$1.7M
+87.3%
Auto repair, garage
$1.6M
+74.2%
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 Whitestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whitestown 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
Method
Estimation
Statistic approach
$2,565,000
ML approach
$2,660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,840,000
Change: +103% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,695,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,580,000
Change: +74% · Conversion: Easy
Blend value · Realmo final
$2.57M
Range $2.31M – $2.82M · ±10% · vs last sale $2.55M (Sep 7 2021)
Last sale anchor
$2.55M
Sep 7 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$142 / SF
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
$52,223
Tax year 2023
Assessed value
$2,166,400
Assessed 2023
Previous assessed
$2,166,400
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$261,200
Assessed improvement
$1,905,200
Land market value
$261,200
Improvement market value
$1,905,200
Total market value
$2,166,400
Applied tax rate
20.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2014
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
18,068 SF
Lot
2.95 ac (128,546 SF)
Zoning code
ZO01
APN
06-07-27-000-009.018-020
UPID
US31-2300045
Jurisdiction
BOONE
Zoning & alternative use
ZO01 · Whitestown, INZoning ZO01 · permitted uses
ZO01 · Whitestown, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
2.95 ac
Current owner
From public records · entity-resolved
Valenti-held Contractor /developer
Individual
Mailing address
3961 PERRY BLVD, WHITESTOWN, IN 46075-8816
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2021
$2,550,000
Valenti-held Contractor /developer
Jrv Investments Group LLC
Limited Warranty Deed
$2,550,000 · Bmo Harris Bank NA
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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