Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6378 Crane Dr Whitestown, IN 46075-9761

    • Grocery and convenience stores
    • 7,780 SF
    • 3.20 lot acres
    OFF-MARKET
    Value Estimations
    $850,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US31-1543982
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Marathon / Grocery & Convenience Store
    • Centier Bank / Financial Advisor
    • Loco Fresh Mexican Taqueria / Restaurant
    • U-Haul Neighborhood Dealer / Car Rental Facility

    Property Details for 6378 Crane Dr

    Year built
    2002
    Construction
    WOOD
    Lot size
    3.20 lot acres
    Property size
    7,780 SF
    Zone code
    ZO01
    Property type
    Grocery and convenience stores
    APN
    06-04-06-000-016.003-005
    APU
    60406000016003005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $580,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,125,000
      Market price range: $644k - $1.21M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $790,000
      COMMERCIAL (GENERAL)
      $730,000
      AUTO REPAIR, GARAGE
      $680,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Whitestown
    County
    Boone
    State
    Indiana
    Longitude
    -86.3508
    Latitude
    39.9477
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $56,227
    $2,452,100
    $640,500
    $3,092,600
    -
    $2,452,100
    $640,500
    $3,092,600

    Comparable in this City

    • Value Estimation by Request
      4,368 SF

      6595 Albert S White Dr

      CONVENIENCE STORE • 4,368 SF
      6595 Albert S White Dr, Whitestown, IN 46075
      View Details
    • Value Estimation
      $1,345,000
      24,842 SF

      5930 Whitestown Pkwy

      CONVENIENCE STORE • 24,842 SF
      5930 Whitestown Pkwy, Whitestown, IN 46075-7601
      View Details
    • Value Estimation by Request
      5,336 SF

      6416 Whitestown Pkwy

      CONVENIENCE STORE • 5,336 SF
      6416 Whitestown Pkwy, Whitestown, IN 46075-7604
      View Details
    • Value Estimation
      $620,000
      5,187 SF

      4461 Albert S White Dr

      CONVENIENCE STORE • 5,187 SF
      4461 Albert S White Dr, Whitestown, IN 46075-7612
      View Details
    • Value Estimation by Request
      0.15 Acres

      121 Main St

      SHOW ROOM, WAREHOUSE • 0.15 Acres
      121 Main St, Whitestown, IN 46075-9708
      View Details
    • Value Estimation
      $1,090,000
      11,100 SF

      6490 Whitestown Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 11,100 SF
      6490 Whitestown Pkwy, Whitestown, IN 46075-7604
      View Details

    Similar Nearby for Sale

    • $725,000
      Pending

      Prime Commercial Land Opportunity

      3.19-acre commercial land parcel in Boone County, Indiana.
      2996 N Us Highway 421, Whitestown, IN 46075
      View Details
    • Contact for pricing
      49.46 Acres

      Whitestown Retail & Land Opportunity

      Prime 49 acres, retail outlots available
      0 400, Whitestown, IN 46075
      View Details
    • Contact for pricing
      2,566 SF

      Whitestown Retail Property for Sale

      Retail property available in Whitestown, Indiana, with 2,566 square feet.
      6120 Whitestown Pkwy, Whitestown, IN 46075
      View Details
    • Contact for pricing

      Whitestown Land: 18.3 Acres

      Prime Indiana development land near I-65.
      3669 Main St, Whitestown, IN 46075
      View Details
    • New
      $749,900
      24.19 Acres

      Whitestown Acreage: Versatile Land Opportunity

      24.19 acres in Whitestown near US-421 and HWY-47.
      9562 E 500 N, Whitestown, IN 46075
      View Details
    • Contact for pricing

      Modern Warehouse Facility in Whitestown

      68,792 SF facility built in 2017 near I-65.
      3750 Perry Blvd, Whitestown, IN 46075
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,384 SF

      Retail Space in Growing Area

      1,432 SF retail space in fast-growing Whitestown, Indiana.
      6535-6705 Whitestown Pkwy, Whitestown, IN 46075
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in Whitestown Market

      4,500 SF retail space for lease in Whitestown, Indiana.
      6161 S Main St, Whitestown, IN 46075
      View Details
    • Contact for pricing

      Mills Drive Commercial Space

      Commercial space available for rent on Mills Drive.
      6388 Mills Dr, Whitestown, IN 46075
      View Details
    • Contact for pricing
      16,404 SF

      Whitestown Office Space - New Construction

      Modern Office Suites, 1800-5468 SF
      6015 Perry Worth Rd, Whitestown, IN 46075
      View Details
    • Contact for pricing
      1,000,000 SF

      Whitestown Industrial Park For Lease

      Modern industrial space, flexible lease options.
      450 & Cr 400, Whitestown, IN 46075
      View Details
    • Contact for pricing

      Land for Lease

      Land available for lease in Whitestown, Indiana.
      Allpoints Dr, Whitestown, IN 46075
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6378 Crane Dr
    Whitestown, IN 46075-9761
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!