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Property profile & analytics
OFF-MARKET
Estimated value
$27,485,000
Warehouses
700 Industrial Dr Terre Haute, IN 47802-9270
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US31-1510350
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
TYPE NOT SPECIFIED
Total area
565,556 SF
Lot
64 ac (2,787,840 SF)
APN
84-13-03-100-013.000-024
UPID
US31-1510350
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
Current use
Occupant on record · Public records
-
Staples Distribution Center Distribution Center Logistics Company
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
DC TERRE HAUTE Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.65M
Blend (final)
Blend
$27.49M
Owner & transaction history
Lcn Stp Hagerstown Multi LLC · 7 yrs held
Lcn Stp Hagerstown Multi LLC
since 2018
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$45.4M
+76.0%
Restaurant
$44.9M
+74.1%
Medical building
$43.3M
+68.1%
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 Terre Haute submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Terre Haute 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
WAREHOUSE, STORAGE
$25,785,000
Current use
COMMERCIAL (GENERAL)
$45,380,000
Change: +76% · Conversion: Difficult
RESTAURANT
$44,885,000
Change: +74% · Conversion: Difficult
MEDICAL BUILDING
$43,345,000
Change: +68% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$42,740,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$37,230,000
Change: +44% · Conversion: Moderate
AUTO REPAIR, GARAGE
$31,765,000
Change: +23% · Conversion: Easy
INDUSTRIAL (GENERAL)
$26,105,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$27.49M
Range $24.74M – $30.23M · ±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
$49 / 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
$564,172
Tax year 2023
Assessed value
$21,142,700
Assessed 2023
Previous assessed
$21,142,700
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$2,173,300
Assessed improvement
$18,969,400
Land market value
$2,173,300
Improvement market value
$18,969,400
Total market value
$21,142,700
Applied tax rate
24.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
3
Stories
1
Total area
565,556 SF
Lot
64 ac (2,787,840 SF)
APN
84-13-03-100-013.000-024
UPID
US31-1510350
Jurisdiction
VIGO
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
WAREHOUSE, STORAGE Current
Est. value
$25.8M
COMMERCIAL (GENERAL)
Est. value
$45.4M
RESTAURANT
Est. value
$44.9M
MEDICAL BUILDING
Est. value
$43.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$42.7M
RETAIL STORES
Est. value
$37.2M
AUTO REPAIR, GARAGE
Est. value
$31.8M
INDUSTRIAL (GENERAL)
Est. value
$26.1M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
2000
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
3
Lot
64 ac
Current owner
From public records · entity-resolved
Lcn Stp Hagerstown Multi LLC
Entity
Mailing address
500 STAPLES DR, FRAMINGHAM, MA 01702-4478
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2018
—
Lcn Stp Hagerstown Multi LLC
Usr Real Estate Holdings LLC
Warranty Deed
$126,100,000 · Deutsche Bank National Trust Co
Oct 2, 2017
—
Usr Real Estate Holdings LLC
Stapes The Office Superstore Estate
Corporation 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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