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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
402 Us Hwy 27, Fountain City, IN 47341
Entity Owned
4-yr Hold
Free & Clear
Property ID
US31-1333648
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
7,120 SF
Lot
1.3 ac (56,497 SF)
Zoning code
ZO01
APN
89-07-01-310-601.000-023
UPID
US31-1333648
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
-
Marathon Gas Gas Station
-
Elevate Beauty Barn (Picture Perfect Spray Tan) Dental Office
-
Athena Bitcoin ATM Atm Crypto Atm
-
Elevate Beauty Barn Alternative Medicine Practice Spa & Massage Center
-
hero petroleum Grocery & Convenience Store
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
Bbc Holdings Co LLC · 4 yrs held
Bbc Holdings Co LLC
since 2022
Last sale
$398,584
2 recorded transactions
Zoning & alternative use
ZO01 · Fountain City, IN
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 Fountain City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fountain City 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 2022Property tax & assessments
Tax year 2022
Tax billed
$19,444
Tax year 2022
Assessed value
$645,400
Assessed 2023
Previous assessed
$645,400
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$54,600
Assessed improvement
$590,800
Land market value
$54,600
Improvement market value
$590,800
Total market value
$645,400
Applied tax rate
24.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Total area
7,120 SF
Lot
1.3 ac (56,497 SF)
Zoning code
ZO01
APN
89-07-01-310-601.000-023
UPID
US31-1333648
Jurisdiction
WAYNE
Zoning & alternative use
ZO01 · Fountain City, IN
Zoning ZO01 · permitted uses
ZO01 · Fountain City, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fountain City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Bbc Holdings Co LLC
Entity
Free & Clear · 4 yrs held
Mailing address
7805 5TH PTS RD, INDIANAPOLIS, IN 46259-9761
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$398,584
Bbc Holdings Co LLC
Fountain Petroleum INC
Quit Claim Deed
—
Feb 25, 2013
$1,000,000
Good Oil Company INC
T & S Pantries INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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