Property profile

51 Madison Ave North Vernon, IN 47265

OFF-MARKET
Turn key restaurants
Property ID
US31-1808534
3,072 SF 0.09 ac lot Built 1890
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1890
Construction WOOD
Total area 3,072 SF
Lot 0.09 ac (3,750 SF)
APN 40-09-34-310-044.000-004
UPID US31-1808534

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

51 Madison Ave North Vernon, IN 47265-1522
North Vernon metro Census 960500 NORTH VERNON, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2014
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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