Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    405 Eads Pkwy Greendale, IN 47025-8534
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    405 Eads Pkwy Greendale, IN 47025-8534

    View on Map
    • Auto shops
    • 15,640 SF
    • 4.71 lot acres
    Off-Market
    Property ID
    US31-3075607
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $915,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 405 Eads Pkwy

    Year built
    1964
    Construction
    TYPE NOT SPECIFIED
    Lot size
    4.71 lot acres
    Property size
    15,640 SF
    Property type
    Auto shops
    APN
    15-07-11-300-026.000-016
    APU
    150711300026000016

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,375,000
      Current use
      RETAIL STORES
      $1,145,000
      Change: -16% Conversion: Difficult
      RESTAURANT
      $1,105,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Greendale
    County
    Dearborn
    State
    Indiana
    Longitude
    -84.8508
    Latitude
    39.1066
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,827
    $1,016,800
    $444,100
    $1,460,900
    -
    $1,016,800
    $444,100
    $1,460,900

    Comparable in this City

    • Value Estimation by Request
      2,880 SF

      Bellview Dr

      AUTO REPAIR, GARAGE • 2,880 SF
      Bellview Dr, Lawrenceburg, IN 47025
      View Details
    • Value Estimation by Request
      3,080 SF

      502 Eads Pkwy

      AUTO REPAIR, GARAGE • 3,080 SF
      502 Eads Pkwy, Lawrenceburg, IN 47025-1172
      View Details
    • Value Estimation by Request
      3,497 SF

      23950 Salt Frk Rd

      AUTO REPAIR, GARAGE • 3,497 SF
      23950 Salt Frk Rd, Lawrenceburg, IN 47025-9177
      View Details
    • Value Estimation by Request
      0.71 Acres

      1010 Eads Pkwy

      AUTO REPAIR, GARAGE • 0.71 Acres
      1010 Eads Pkwy, Lawrenceburg, IN 47025
      View Details
    • Value Estimation by Request
      1,410 SF

      Ctr At Frnt St

      AUTO REPAIR, GARAGE • 1,410 SF
      Ctr At Frnt St, Lawrenceburg, IN 47025
      View Details
    • Value Estimation by Request
      2,894 SF

      878 Oberting Rd

      AUTO REPAIR, GARAGE • 2,894 SF
      878 Oberting Rd, Greendale, IN 47025-9443
      View Details

    Similar Nearby for Sale

    • $1,400,000
      2.00 Acres

      Prime Commercial Land Opportunity

      Nearly 2 acres of commercial land in growing corridor.
      S Greencomm Dr, Lawrenceburg, IN 47025
      View Details
    • Contact for pricing
      0.25 Acres

      Residential Lot in Hidden Valley

      0.25-acre lot with access to resort-style amenities.
      1293 Cresthaven Dr, Lawrenceburg, IN 47025
      View Details
    • $110,000
      0.31 Acres

      Lawrenceburg Residential Lots For Sale

      Residential lots in Lawrenceburg, Indiana, with lakefront views.
      2457 Cedar Cliff Dr, Lawrenceburg, IN 47025
      View Details
    • $283,500
      0.31 Acres

      Lakefront Lot with Stone Seawall

      Gently sloping lakefront lot with panoramic water views.
      1889 Aqua Vista Dr, Lawrenceburg, IN 47025
      View Details
    • $30,500
      0.43 Acres

      Residential Lot in Lawrenceburg, IN

      Residential lot available in Rocky Mountain Estates, Lawrenceburg, IN.
      45 Dakota Dr, Lawrenceburg, IN 47025
      View Details
    • Contact for pricing
      Pending

      Residential Land Development Opportunity

      1.04 acres in downtown Lawrenceburg, Indiana for residential development.
      Maple St, Lawrenceburg, IN 47025
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,910 SF

      Freestanding Building in Lawrenceburg, Indiana

      5,910 SF freestanding building available for lease.
      1020 West Eads Pkwy, Lawrenceburg, IN 47025
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Approximately 2 acres available for build-to-suit or land lease.
      121 S Tanners Creek Dr, Lawrenceburg, IN 47025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    405 Eads Pkwy
    Greendale, IN 47025-8534
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!