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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Parking lots & garages
410 Monroe St Mooresville, IN 46158-1582
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US31-1929645
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1986
Total area
21,921 SF
Lot
2.38 ac (103,455 SF)
APN
55-01-26-490-003.000-005
UPID
US31-1929645
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
-
Tease Salon Hair Salon Nail Salon
-
Sheas House of Dolls Hair Salon Nail Salon
-
Prime Bath of Indiana Renovation Specialist General Contractor
-
Rowdy's pizza & entertainment Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Jeremy Hopkins · 3 yrs held
Jeremy Hopkins
since 2023
7 recorded transactions
Zoning & alternative use
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 Mooresville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mooresville 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
by Request
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$915,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
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
$27 / 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
$9,159
Tax year 2023
Assessed value
$641,900
Assessed 2023
Previous assessed
$641,900
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$580,700
Assessed improvement
$61,200
Land market value
$580,700
Improvement market value
$61,200
Total market value
$641,900
Applied tax rate
5.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1986
Heating
NONE
Total area
21,921 SF
Lot
2.38 ac (103,455 SF)
APN
55-01-26-490-003.000-005
UPID
US31-1929645
Jurisdiction
MORGAN
Zoning & alternative use
Zoning · permitted uses
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
WAREHOUSE, STORAGE
Est. value
$915,000
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1986
Heating
NONE
Lot
2.38 ac
Current owner
From public records · entity-resolved
Jeremy Hopkins
Individual
Free & Clear · 3 yrs held
Mailing address
225 E HIGH ST, MOORESVILLE, IN 46158-1639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2025
—
Monroe Petroleum INC
—
Deed
related
$200,000 · National Oil & Gas INC
Apr 10, 2023
—
Jeremy Hopkins
Single Play Investments LLC
Quitclaim Deed
related
—
Jan 21, 2020
—
Jeremy J Hopkins
—
Deed
related
$705,558 · Hendricks County Bank & Trust Co
Nov 7, 2019
—
Single Play Investments LLC
—
Deed
related
$202,500 · Citizens Bank
Apr 15, 2019
—
Single Play Investments LLC
—
Deed
related
$132,000 · Citizens Bank
Feb 14, 2019
—
H&r Property Services LLC
Single Play Investments LLC
Warranty Deed
$180,000 · Citizens Bank
Nov 28, 2018
—
Monroe Street Business Suites INC
Breaking Ball LLC
Quit Claim Deed
related
—
Nov 20, 2018
—
Single Play Investments LLC
Breaking Ball LLC
Quitclaim Deed
related
—
May 4, 2018
—
Breaking Ball LLC
—
Deed
related
$75,000 · Citizens Bank
Dec 15, 2017
—
Breaking Ball LLC
—
Deed
related
$150,000 · Citizens Bank
Sep 21, 2017
$250,000
Boling Properties LLC
Breaking Ball LLC
Warranty Deed
$200,000 · Home Bank Sb
Nov 16, 2015
—
Breaking Ball LLC
J L G Properties LLC
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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