Financial
Distress signals
Property profile

65 E Pierce St Whitestown, IN 46075

FOR LEASE
Other commercial real estate
Property ID
US31-1672396
6,600 SF 0.18 ac lot Built 1923
Last sale Apr 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 10,000-square-foot industrial building located in downtown Whitestown, Indiana. It includes a fully fenced back lot and has an adjacent additional lot available. The site is positioned in Whitestown’s industrial area, approximately between I-65 and US 421, roughly 22 miles northwest of downtown Indianapolis, and about 7 miles from the northern city limits of Indianapolis. The building has been updated, and the overall configuration provides redevelopment potential for industrial or related uses, subject to applicable zoning and permitting requirements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$98k
Assessed land$7k
Assessed improvement$91k
Effective rate2.69%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$737k
Vacancy & credit loss−$74k
Operating expenses−$199k
NOI · 714.13% cap applied$464k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$44 – $110
Qualifying comparables4

Cap rate analysis

How does the asset earn?
714.13%
$464k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ZO01
JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.3
Realty agency9.9
Wholesale Shop9.0

Location

65 E Pierce St Whitestown, IN 46075
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6210 Indianapolis, Whitestown, IN 46075-9525 $1,050,000 Jun 2025 7,000 SF
201 Peters, Whitestown, IN 46075-9200 $190,400 Dec 2024 3,024 SF
6005 475th E, Whitestown, IN 46075 $6,670,963 Feb 2024 No data
5951 475th E, Whitestown, IN 46075 $28,375,000 Jan 2024 No data
3010 Us Hwy 421, Whitestown, IN 46075-9477 $299,000 Nov 2023 2,940 SF
4489 Indianapolis, Whitestown, IN 46075-9536 $3,200,000 Aug 2022 13,125 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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