Property profile

741 State Rd 32 Westfield, IN 46074

OFF-MARKET
Drive through restaurants
Property ID
US31-3202949
2,607 SF 0.61 ac lot Built 2018
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2018
Construction TYPE NOT SPECIFIED
Total area 2,607 SF
Lot 0.61 ac (26,572 SF)
APN 29-09-01-004-001.000-015
UPID US31-3202949

Cap rate & NOI

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

Location

741 State Rd 32 Westfield, IN 46074-8764
Westfield metro Census 110405 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$581k
Blend (final) Blend
$650k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $695,000 +32.3%

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
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