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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Warehouses
7659 State Rd 252 Edinburgh, IN 46124-1094
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-0506204
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1996
Construction
TYPE NOT SPECIFIED
Total area
7,200 SF
Lot
5.65 ac (246,070 SF)
Zoning code
BUF
APN
41-12-27-043-010.003-001
UPID
US31-0506204
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
$970k
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.22M
Owner & transaction history
Edinburgh Self Storage LLC · 4 yrs held
Edinburgh Self Storage LLC
since 2022
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
BUF · Edinburgh, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Development Code
Top alternative use upside
Retail stores
$1.0M
+50.1%
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 Edinburgh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edinburgh 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
$1,200,000
ML approach
$1,145,000
CAP Approach
CAP Return
Estimation
6%
$1,055,000
6.5%
$970,000
7%
$905,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,010,000
Change: +50% · Conversion: Moderate
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.28M (Mar 14 2022)
Last sale anchor
$1.28M
Mar 14 2022
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
$169 / 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
$13,741
Tax year 2023
Assessed value
$703,000
Assessed 2023
Previous assessed
$703,000
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$107,000
Assessed improvement
$596,000
Land market value
$107,000
Improvement market value
$596,000
Total market value
$703,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
3
Stories
1
Total area
7,200 SF
Lot
5.65 ac (246,070 SF)
Zoning code
BUF
APN
41-12-27-043-010.003-001
UPID
US31-0506204
Jurisdiction
JOHNSON
Zoning & alternative use
BUF · Edinburgh, INZoning BUF · permitted uses
BUF · Edinburgh, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.0M
RETAIL STORES
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
1996
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
3
Lot
5.65 ac
Current owner
From public records · entity-resolved
Edinburgh Self Storage LLC
Entity
Mailing address
7037 LEILANI DR, CASTLE ROCK, CO 80108-6141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2022
$1,275,000
Edinburgh Self Storage LLC
M & L Storage LLC
Limited Warranty Deed
$956,250 · First Merchants Bank NA
Dec 30, 2019
—
M&l Storage LLC
—
Deed
related
$637,500 · First Farmers Bank & Trust
May 3, 2012
$350,000
M&l Storage LLC
Secure Storage LLC
Warranty Deed
$225,000 · Salin Bank & Trust Co
May 3, 2012
—
Secure Storage LLC
Zedric D Botkin
Correction Deed
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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