Property profile

640 Franklin St Spencer, IN 47460

OFF-MARKET
Manufacturing properties
Property ID
US31-0232095
47,020 SF 4.86 ac lot Built 1952
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1952
Construction TYPE NOT SPECIFIED
Total area 47,020 SF
Lot 4.86 ac (211,702 SF)
APN 60-10-21-300-330.000-028
UPID US31-0232095

Cap rate & NOI

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

Location

640 Franklin St Spencer, IN 47460-1828
Spencer metro Census 955800 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$893k
Blend (final) Blend
$515k

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2016
Price N/A
2016
$325,000
2005
Price N/A
2005
$500,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 640 Franklin St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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