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Property profile & analytics
OFF-MARKET
Mixed-use properties

5724 Blazing Star Rd Monrovia, IN 46157

5,100 SF 5 ac lot Built 2013
Property ID
US31-1977410
Property summary
AI-generated overview

This exceptional 5,100 square foot mixed-use property in Monrovia, Indiana, presents a unique blend of rustic aesthetics and modern functionality. Situated on a sprawling 5-acre lot, the property boasts a main building featuring three bedrooms and two and a half bathrooms. The main floor showcases polished concrete floors, contributing to a stylish, modern feel within the rustic design. Enhanced insulation is provided by double-walled exterior construction. Recent interior and exterior painting ensures a fresh, inviting atmosphere. The property includes substantial garage space: a 30' x 40' four-bay concrete floor garage with striking 10' x 12' castle-style side doors, and an attached 30' x 50' three-bay gravel floor garage featuring 12-foot bay doors and a convenient service door. Additional covered parking is available in a 5-6 bay carport, offering versatile use as covered parking or potential animal stalls. Several outbuildings are present, with one fully equipped with vinyl flooring and utilities, ideal for a home office or studio. Security is a key feature, with a 12-foot security fence encompassing the backyard, incorporating a coded gliding gate system and a sophisticated security system for enhanced peace of mind. This one-of-a-kind property is perfect for car enthusiasts, those working from home, individuals seeking space for a small farm, or anyone appreciating ample outdoor space and unique architectural details. Priced at $599,900, this property offers an unparalleled opportunity.

Property profile
Verified
Property type Mixed-use properties
Year built 2013
Total area 5,100 SF
Lot 5 ac (217,800 SF)
UPID US31-1977410
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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