Property profile

749 Commerce Dr Franklin, IN 46131

OFF-MARKET
Warehouses
Property ID
US31-0803527
6,600 SF 3.21 ac lot Built 2014
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2014
Construction WOOD
Total area 6,600 SF
Lot 3.21 ac (139,697 SF)
APN 41-08-11-021-005.000-009
UPID US31-0803527

Cap rate & NOI

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

Location

749 Commerce Dr Franklin, IN 46131-9141
Franklin metro Census 610802 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$890k
Comparable Approach Comparable
$497k
Blend (final) Blend
$710k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $925,000 +50.1%
Commercial (general) $620,000 +0.9%

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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