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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Specialty properties
504 Cp St Lebanon, IN 46052-1647
Individually Owned
2-yr Hold
Free & Clear
Property ID
US31-1360084
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1979
Construction
BRICK
Total area
5,700 SF
Lot
0.64 ac (27,878 SF)
Zoning code
ZO01
APN
06-10-25-000-158.000-002
UPID
US31-1360084
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
-
Hall Paula a MD Physician
-
Dr. John Saalwaechter Pediatrician Physician
-
Lynn Strueh Physician
-
Ben Park Pediatrician Physician
-
Praveen Perni Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$444k
Blend (final)
Blend
$595k
Owner & transaction history
Indiana United Methodist Childerns · 2 yrs held
Indiana United Methodist Childerns
since 2023
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
ZO01 · Lebanon, 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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
$590,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $600k (Oct 10 2023)
Last sale anchor
$600k
Oct 10 2023
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
$104 / 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
Assessed value
$28,800
Assessed 2023
Previous assessed
$28,800
+0.0% YoY
Assessed land
$28,800
Land market value
$28,800
Total market value
$28,800
Applied tax rate
15.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1979
Construction
BRICK
Heating
NONE
Stories
9
Total area
5,700 SF
Lot
0.64 ac (27,878 SF)
Zoning code
ZO01
APN
06-10-25-000-158.000-002
UPID
US31-1360084
Jurisdiction
BOONE
Zoning & alternative use
ZO01 · Lebanon, IN
Zoning ZO01 · permitted uses
ZO01 · Lebanon, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lebanon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
BRICK
Heating
NONE
Stories
9
Lot
0.64 ac
Current owner
From public records · entity-resolved
Indiana United Methodist Childerns
Individual
Free & Clear · 2 yrs held
Mailing address
515 W CP ST, LEBANON, IN 46052-1648
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2023
—
Indiana United Methodist Childerns
Camp Street Properties LLC
Quit Claim Deed
related
—
May 12, 2021
$600,000
Indiana United Methodist Childrens
Elaine Habig
Warranty Deed
—
Apr 15, 2021
—
Camp Street Properties LLC
—
Deed
related
$1,500,000 · Farmers Bank
Feb 18, 2021
—
Elaine Habifg
Lw Enterprises LLC
Quit Claim Deed
related
—
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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