Property profile

928 Massachusetts Ave Matthews, IN 46957

OFF-MARKET
Manufacturing properties
Property ID
US31-2522534
7,955 SF 3.75 ac lot Built 1995
Entity Owned Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MILL (FEED, GRAIN, LUMBER, TEXTILE)
Year built 1995
Construction TYPE NOT SPECIFIED
Total area 7,955 SF
Lot 3.75 ac (163,350 SF)
APN 27-16-03-302-038.000-012
UPID US31-2522534

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
  • Feed Store Warehouse & Storage
  • Weigh Station

Location

928 Massachusetts Ave Matthews, IN 46957-1508
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
$725k
Comparable Approach Comparable
$841k
Blend (final) Blend
$780k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $820,000 +86.3%
Apartment house (5+ units) $755,000 +71.4%
Auto repair, garage $565,000 +27.6%

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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