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    Property profile & analytics

    405 Industrial Dr Bremen, IN 46506-2111

    • Manufacturing properties
    • 2,560 SF
    • 5.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 28, 2022
    Location Intelligence
    Property ID
    US31-1883865
    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.

    Current Use by Public Records

    • Creative Foam Medical Systems / Manufacturer
    • MRI Coil Repair - Creative Foam Medical Systems / Manufacturer

    Property Details for 405 Industrial Dr

    Year built
    1984
    Construction
    WOOD
    Lot size
    5.50 lot acres
    Property size
    2,560 SF
    Property type
    Manufacturing properties
    APN
    50-53-34-101-435.000-006
    APU
    505334101435000006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bremen
    County
    Marshall
    State
    Indiana
    Longitude
    -86.1723
    Latitude
    41.4487
    CBSA code
    38500
    CBSA name
    PLYMOUTH, IN MICROPOLITAN 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
    $23,899
    $141,700
    $777,800
    $919,500
    -
    $141,700
    $777,800
    $919,500

    Comparable in this City

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      $430,000
      19,773 SF

      1726 Bike St

      MANUFACTURING (LIGHT) • 19,773 SF
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    • Value Estimation by Request
      156,110 SF

      501 High Rd

      MANUFACTURING (LIGHT) • 156,110 SF
      501 High Rd, Bremen, IN 46506-1040
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    • Value Estimation
      $445,000
      21,077 SF

      218 2nd St

      MANUFACTURING (LIGHT) • 21,077 SF
      218 2nd St, Bremen, IN 46506-1039
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    • Value Estimation
      $555,000
      23,997 SF

      1525 6th Rdus

      MANUFACTURING (LIGHT) • 23,997 SF
      1525 6th Rdus, Bremen, IN 46506-8000
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    • Value Estimation
      $485,000
      27,524 SF

      1420 Bike St

      MANUFACTURING (LIGHT) • 27,524 SF
      1420 Bike St, Bremen, IN 46506-2104
      View Details
    • Value Estimation
      $375,000
      8,359 SF

      2735 Birch Rd

      MANUFACTURING (LIGHT) • 8,359 SF
      2735 Birch Rd, Bremen, IN 46506-9042
      View Details

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    Realmo Value Estimation

    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.

    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.

    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
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