Financial
Distress signals
Property profile

707 State St Newburgh, IN 47630

FOR LEASE
Turn key restaurants
Property ID
US31-2658567
10,314 SF 1.63 ac lot Built 2018
Last sale Jan 2018 · $220,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,237 square foot retail storefront is located at 707 State Street in Newburgh, Indiana, within a larger 10,314 square foot building constructed in 2018. The property sits on a 1.63-acre lot, offering ample space and visibility. Currently, one suite is immediately available, boasting a lease rate of $2,250 per month, triple net (NNN). This space is part of a multi-tenant building with a total of four suites. The property enjoys a highly desirable location at the

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?
$23k
Tax billed · 2023
Assessed value$1.20M
Assessed land$189k
Assessed improvement$1.01M
Effective rate1.91%

Value estimate

· Sep 2026
$525k
$473k – $578k
AI approach$400k
Submarket $/SF estimate$653k
NOI build-up
Gross scheduled income$196k
Vacancy & credit loss−$5k
Operating expenses−$57k
NOI · 772,915.94% cap applied$133k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
772,915.94%
$133k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWARRICK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.3
Building Supply14.7
Law Firm14.1

Location

707 State St Newburgh, IN 47630
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3911 Venetian, Newburgh, IN 47630-7927 $40,100 Jun 2023 6,255 SF
7288 Oak Grv, Newburgh, IN 47630-8649 $2,759,231 Dec 2021 6,394 SF
3955 Orch, Newburgh, IN 47630-0043 $300,001 Mar 2021 3,260 SF
7933 Bell Oaks, Newburgh, IN 47630-2503 $675,000 Feb 2021 4,000 SF
4400 Lenn, Newburgh, IN 47630-9598 $414,400 Jul 2020 5,824 SF
1 Water, Newburgh, IN 47630-1447 $705,500 Feb 2020 5,727 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?”
More about this property
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