Property profile

901 Massachusetts Ave Matthews, IN 46957

OFF-MARKET
Manufacturing properties
Property ID
US31-2548221
30,042 SF 3.13 ac lot Built 1975
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1975
Construction WOOD
Total area 30,042 SF
Lot 3.13 ac (136,125 SF)
APN 27-16-03-203-205.000-012
UPID US31-2548221

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company
  • Industrial Manufacturer

Location

901 Massachusetts Ave Matthews, IN 46957
Matthews metro Census 10700 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$600k

Owner & transaction history

since 2017
1 recorded transaction
2017
$560,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.1M +27.6%
Commercial (general) $2.1M +26.4%
Retail stores $1.9M +16.0%

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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