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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Industrial properties
County Rd 600th E Sullivan, IN 47882
Entity Owned
2-yr Hold
Free & Clear
Property ID
US31-2745161
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2014
Lot
80.9 ac (3,524,004 SF)
APN
77-09-10-000-001.000-001
UPID
US31-2745161
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
$830k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Rogers Wood Product INC · 2 yrs held
Rogers Wood Product INC
since 2024
Last sale
$833,963
7 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 Sullivan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sullivan 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
$785,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $834k (Jan 6 2022)
Last sale anchor
$834k
Jan 6 2022
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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,875
Tax year 2022
Assessed value
$51,600
Assessed 2023
Previous assessed
$48,100
+7.3% YoY
Effective rate
3.63%
On assessed value
Assessed land
$22,400
Assessed improvement
$29,200
Land market value
$22,400
Improvement market value
$29,200
Total market value
$51,600
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2014
Heating
NONE
Lot
80.9 ac (3,524,004 SF)
APN
77-09-10-000-001.000-001
UPID
US31-2745161
Jurisdiction
SULLIVAN
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
2014
Heating
NONE
Lot
80.9 ac
Current owner
From public records · entity-resolved
Rogers Wood Product INC
Entity
Free & Clear · 2 yrs held
Mailing address
2444 LOWR SANDFORD RD, WEST TERRE HAUTE, IN 47885-9212
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
—
Rogers Wood Product INC
Fred D Drake
Quit Claim Deed
related
—
Jul 12, 2024
$900,000
Rogers Wood Product INC
Fred D Drake
Quitclaim Deed
related
—
Jan 6, 2022
$833,963
Rogers Wood Products INC
American Land Holdings Of Indiana L
Special Warranty Deed
—
Sep 24, 2020
—
Robert L Rooksberrt
American Land Holdings Indiana LLC
Special Warranty Deed
—
Mar 15, 2019
—
Michael W Ridge
American Land Holdings Of Indiana L
Special Warranty Deed
—
Nov 29, 2018
$60,390
Brent Snyder
American Land Holdings Of Indiana L
Special Warranty Deed
—
Oct 26, 2018
$491,860
Rogers Wood Products INC
American Land Holdings Of Indiana L
Special Warranty Deed
—
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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