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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Warehouses
908 Franklin St Hartford City, IN 47348-2176
Entity Owned
2-yr Hold
Free & Clear
Property ID
US31-1832408
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1955
Construction
METAL FRAME
Total area
96,573 SF
Lot
10.39 ac (452,719 SF)
Zoning code
ZO01
APN
05-03-11-400-019.000-006
UPID
US31-1832408
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
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.01M
Owner & transaction history
Jb Property Investment Group LLC · 2 yrs held
Jb Property Investment Group LLC
since 2023
4 recorded transactions
Zoning & alternative use
ZO01 · Hartford City, IN
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 Hartford City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartford City 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
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$10 / 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
$15,326
Tax year 2023
Assessed value
$620,200
Assessed 2023
Previous assessed
$620,200
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$81,900
Assessed improvement
$538,300
Land market value
$81,900
Improvement market value
$538,300
Total market value
$620,200
Applied tax rate
5.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1955
Construction
METAL FRAME
Heating
NONE
Buildings
4
Stories
1
Total area
96,573 SF
Lot
10.39 ac (452,719 SF)
Zoning code
ZO01
APN
05-03-11-400-019.000-006
UPID
US31-1832408
Jurisdiction
BLACKFORD
Zoning & alternative use
ZO01 · Hartford City, INZoning ZO01 · permitted uses
ZO01 · Hartford City, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Construction
METAL FRAME
Heating
NONE
Stories
1
Buildings
4
Lot
10.39 ac
Current owner
From public records · entity-resolved
Jb Property Investment Group LLC
Entity
Free & Clear · 2 yrs held
Mailing address
508 N HIGH ST, HARTFORD CITY, IN 47348-2147
Ownership since
2023
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
Aug 15, 2023
—
Jb Property Investment Group LLC
Jb Property Investment Group LLC
Correction Deed
related
—
Mar 2, 2023
—
Jb Property Investment Group LLC
Jb Property Investment Group LLC
Intrafamily Transfer
related
—
Aug 8, 2022
—
Jb Property Investment Group LLC
Koa Properties LLC
Warranty Deed
$660,000 · Grant County State Bank
Aug 17, 2005
—
Koa Properties LLC
Roc Warehouseing LLC
Warranty Deed
$495,000 · Ossian State Bank
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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