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Property profile & analytics
OFF-MARKET
Estimated value
$5,930,000
Manufacturing properties
555 Daniels Way Bloomington, IN 47404-9109
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US31-1046887
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2001
Construction
TYPE NOT SPECIFIED
Total area
126,046 SF
Lot
19.03 ac (828,903 SF)
APN
53-04-35-401-006.000-011
UPID
US31-1046887
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
$5.64M
Blend (final)
Blend
$5.93M
Owner & transaction history
Legacy Bloomington LLC · 5 yrs held
Legacy Bloomington LLC
since 2020
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.4M
+176.0%
Retail stores
$8.8M
+160.0%
Auto repair, garage
$8.5M
+151.0%
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 Bloomington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomington 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$9,355,000
Change: +176% · Conversion: Difficult
RETAIL STORES
$8,815,000
Change: +160% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,510,000
Change: +151% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,285,000
Change: +144% · Conversion: Difficult
MEDICAL BUILDING
$7,005,000
Change: +107% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,850,000
Change: +73% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,790,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$5.93M
Range $5.34M – $6.52M · ±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
$47 / 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
$200,296
Tax year 2023
Assessed value
$11,475,400
Assessed 2023
Previous assessed
$11,475,400
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$761,200
Assessed improvement
$10,714,200
Land market value
$761,200
Improvement market value
$10,714,200
Total market value
$11,475,400
Applied tax rate
11.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2001
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
126,046 SF
Lot
19.03 ac (828,903 SF)
APN
53-04-35-401-006.000-011
UPID
US31-1046887
Jurisdiction
MONROE
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
RESTAURANT
Est. value
$9.4M
RETAIL STORES
Est. value
$8.8M
AUTO REPAIR, GARAGE
Est. value
$8.5M
COMMERCIAL (GENERAL)
Est. value
$8.3M
MEDICAL BUILDING
Est. value
$7.0M
WAREHOUSE, STORAGE
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
19.03 ac
Current owner
From public records · entity-resolved
Legacy Bloomington LLC
Entity
Mailing address
ARLINGTON, VA 22203
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Legacy Bloomington LLC
Rref 555 N Daniels Way LLC
Special Warranty Deed
$10,200,000 · Goldman Sachs Bank USA
Aug 2, 2019
—
Rref 555 N Daniels Way LLC
—
Deed
related
$31,320,000 · Fifth Third Bank
Sep 29, 2017
$9,300,000
Rref 555 N Daniels Way LLC
Clf 555 N Daniels Way LLC
Special 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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