Property profile

925 Hendricks Dr Lebanon, IN 46052

FOR SALE
Office Spaces
Saved · see the list in your Dashboard
Property ID
US31-1507948
3,003 SF 1 ac Built 1993
Last sale Mar 2017·$200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$191k
Assessed land$50k
Assessed improvement$141k
Effective rate2.07%

Value estimate

· Nov 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$138k
Vacancy & credit loss−$13k
Operating expenses−$31k
NOI · 8.52% cap applied$94k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$65/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$33 – $99

Cap rate analysis

How does the asset earn?
8.52%
$94k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ZO01
JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.3
Restaurant12.7
Dental Office12.7

Location

925 Hendricks Dr Lebanon, IN 46052
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1102 Lebanon, Lebanon, IN 46052-2717 $200,000 May 2025 1,680 SF
602 Ransdell, Lebanon, IN 46052-2349 $522,000 Mar 2025 3,315 SF
924 Meridian, Lebanon, IN 46052-2723 $425,000 Mar 2024 6,490 SF
112 Meridian, Lebanon, IN 46052-2523 $35,000 Mar 2023 1,899 SF
107 Elm, Lebanon, IN 46052-2539 $320,000 Dec 2021 3,296 SF
204 Main, Lebanon, IN 46052-2637 $120,000 Jul 2021 1,545 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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