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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Retail properties & Spaces
9502 Us Hwy 35 Losantville, IN 47354-9772
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US31-0797232
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1968
Construction
WOOD
Total area
25,584 SF
Lot
4.76 ac (207,128 SF)
APN
68-16-09-300-017.000-011
UPID
US31-0797232
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
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$770k
Owner & transaction history
Henry E King · 3 yrs held
Henry E King
since 2023
6 recorded transactions
Zoning & alternative use
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 Losantville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Losantville 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
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$30 / 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
$2,071
Tax year 2023
Assessed value
$161,600
Assessed 2023
Previous assessed
$161,600
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$33,100
Assessed improvement
$128,500
Land market value
$33,100
Improvement market value
$128,500
Total market value
$161,600
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1968
Construction
WOOD
Heating
NONE
Stories
2
Total area
25,584 SF
Lot
4.76 ac (207,128 SF)
APN
68-16-09-300-017.000-011
UPID
US31-0797232
Jurisdiction
RANDOLPH
Zoning & alternative use
Zoning · permitted uses
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
1968
Construction
WOOD
Heating
NONE
Stories
2
Lot
4.76 ac
Current owner
From public records · entity-resolved
Henry E King
Individual
Mailing address
7307 E COUNTY RD 200TH S, NEW CASTLE, IN 47362-9543
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2023
—
Henry E King
Daniel K King
Intrafamily Transfer
related
—
Aug 24, 2016
—
Daniel K King
—
Deed
related
$50,000 · Bank Of Geneva
Aug 21, 2013
$99,001
Daniel K King
Estate Of Malinda Ann Medlin
Sheriffs Deed
related
$74,250 · Bank Of Geneva
May 25, 2012
—
Malinda Medlin
Stephen Medlin
Affidavit Of Death Of Joint Tenant
related
—
Apr 2, 2008
—
Stephen Medlin
Stephen Medlin
Intrafamily Transfer
related
—
Feb 21, 2008
—
Stephen Midlin
Real Estate And Rolling Stock Co Ll
Warranty Deed
$100,000 · Old National 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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