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Property profile & analytics
OFF-MARKET
Parking lots & garages

439 Columbus St Martinsville, IN 46151-1913

4,272 SF 0.36 ac lot Built 1949
Entity Owned 4-yr Hold Free & Clear
Property ID
US31-2259982
Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1949
Construction WOOD
Total area 4,272 SF
Lot 0.36 ac (15,594 SF)
Zoning code I1
APN 55-13-04-119-001.000-021
UPID US31-2259982
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
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
Shawab Family Associates LP · 4 yrs held
Shawab Family Associates LP
since 2021
4 recorded transactions
2026
Price N/A
2021
Price N/A
2020
Price N/A
2012
Price N/A
Zoning & alternative use
I1 · Martinsville, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B3, B4, I1, I2, I3 and I4 districts. (a) Signs shall be permitted in these districts subject to the conditions of subsections (C), (D) and (E) above. In addition, the following conditions shall apply. 1. A maximum of three freestanding signs shall be permitted on each lot, out-lot or parcel. The total area of all freestanding signs shall not exceed 256 squar…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 183.54 ac
Source Code of Ordinances
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