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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Medical Office Space
747 County Line Rd Greenwood, IN 46143-1081
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-0585849
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Construction
TYPE NOT SPECIFIED
Total area
41,800 SF
Lot
4.3 ac (187,308 SF)
APN
41-02-28-012-004.000-026
UPID
US31-0585849
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
-
Franciscan Physician Network Madison Family Medicine Pediatrician Physician
-
Awesome Wildlife Trapping Bird Control Service
-
Amy Zeller Physician
-
Stacy Smith Pediatrician Medical Clinic
-
Earl Lanter Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.28M
Owner & transaction history
Echo Greenwood LLC · 8 yrs held
Echo Greenwood LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Greenwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenwood 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
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,765,000
Current use
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±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
$31 / 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
$103,879
Tax year 2023
Assessed value
$5,645,000
Assessed 2023
Previous assessed
$5,645,000
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$1,001,700
Assessed improvement
$4,643,300
Land market value
$1,001,700
Improvement market value
$4,643,300
Total market value
$5,645,000
Applied tax rate
26.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Stories
1
Rooms
5
Bathrooms
1
Total area
41,800 SF
Lot
4.3 ac (187,308 SF)
APN
41-02-28-012-004.000-026
UPID
US31-0585849
Jurisdiction
JOHNSON
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
MEDICAL BUILDING Current
Est. value
$1.8M
MEDICAL BUILDING Current
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
2009
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Stories
1
Rooms
5
Bathrooms
1
Lot
4.3 ac
Current owner
From public records · entity-resolved
Echo Greenwood LLC
Entity
Mailing address
225 W WASHINGTON ST STE #1560, CHICAGO, IL 60606-3486
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2023
—
Echo Greenwood LLC
—
Deed
related
$1,700,000 · Wintrust Bank
May 7, 2018
—
Echo Greenwood LLC
—
Deed
related
$15,525,000 · Wintrust Bank
May 1, 2018
—
Echo Greenwood LLC
Gwa Wheatcraft LLC
Deed
—
Jul 22, 2016
—
Gwa Wheatcraft LLC
—
Deed
related
$281,500 · Cibm Bank
Sep 30, 2008
—
Michael L Wheatcraft
Michael L Wheatcraft
Intrafamily Transfer
related
—
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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