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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Graham Rd Whiteland, IN 46184

    • Warehouses
    • 60.62 lot acres
    OFF-MARKET
    Value Estimations
    $445,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US31-0939971
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for Graham Rd

    Year built
    2022
    Construction
    TYPE NOT SPECIFIED
    Lot size
    60.62 lot acres
    Property type
    Warehouses
    APN
    41-05-23-013-002.000-028
    APU
    410523013002000028

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $445,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Whiteland
    County
    Johnson
    State
    Indiana
    Longitude
    -86.0527
    Latitude
    39.5595
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $106,902
    $5,433,200
    $57,848,400
    $63,281,600
    -
    $5,433,200
    $57,848,400
    $63,281,600

    Comparable in this City

    • Value Estimation
      $115,000
      84.07 Acres

      319 Warrior Trl

      STORAGE YARD, OPEN STORAGE • 84.07 Acres
      319 Warrior Trl, Whiteland, IN 46184-8013
      View Details
    • Value Estimation
      $295,000
      400 SF

      500 500th Nn

      STORAGE YARD, OPEN STORAGE • 400 SF
      500 500th Nn, Whiteland, IN 46184
      View Details
    • Value Estimation
      $350,000
      23,000 SF

      560 Tracy Rd

      WAREHOUSE, STORAGE • 23,000 SF
      560 Tracy Rd, Whiteland, IN 46184-9699
      View Details
    • Value Estimation
      $320,000
      6,192 SF

      1037 Hawthorn Bloom Dr

      WAREHOUSE, STORAGE • 6,192 SF
      1037 Hawthorn Bloom Dr, Whiteland, IN 46184-5501
      View Details
    • Value Estimation
      $330,000
      3,920 SF

      117 Xrds Dr

      STORAGE YARD, OPEN STORAGE • 3,920 SF
      117 Xrds Dr, Whiteland, IN 46184-9778
      View Details
    • Value Estimation by Request
      357,015 SF

      Bob Glidden Blvd

      Refrigerated & Cold Storages • 357,015 SF
      0 Bob Glidden Blvd, Whiteland, IN 46184
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      130,200 SF

      Whiteland Distribution Facility Leased to DHL

      130,200 SF Class A distribution facility leased to DHL.
      5141 Graham Rd, Whiteland, IN 46184
      View Details
    • $3,325,000
      36,000 SF

      36,000 SF Flex/Industrial Space

      Flex/industrial space with updated infrastructure and logistical convenience.
      594 N Front St, Whiteland, IN 46184
      View Details
    • Contact for pricing
      114,660 SF

      Industrial Park Site For Sale

      Industrial park site with city utilities and tax abatement.
      5879 Graham Rd, Whiteland, IN 46184
      View Details
    • $699,000
      1,148 SF

      High-Visibility Whiteland Mixed-Use

      3.63 Acres, Office & Retail Potential
      529 Us Highway 31, Whiteland, IN 46184
      View Details
    • $2,352,870

      Residential Development Opportunity

      Land suitable for residential development in Johnson County, Indiana.
      N 125 W, Whiteland, IN 46184
      View Details
    • Contact for pricing
      15.00 Acres

      Prime 15-Acre Commercial Land

      I-65 Frontage, Whiteland, IN. High traffic.
      3009 County Rd 500 N & N Cr 300, Whiteland, IN 46184
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      126,576 SF

      Gateway at Whiteland: Building 2

      Large Industrial Space Available in Indiana
      417 Corporate Dr, Whiteland, IN 46184
      View Details
    • $8 SF/Yr
      114,660 SF

      Mohr Logistics Park: Bldg 4B

      114,660 SF Warehouse, Immediate Occupancy
      5885 Graham Rd, Whiteland, IN 46184
      View Details
    • Contact for pricing
      180,099 SF

      Whiteland Warehouse with 40' Clearance

      180,099 SF warehouse with 20 dock doors for lease.
      5743 N Graham Rd, Whiteland, IN 46184
      View Details
    • Contact for pricing
      431,460 SF

      Whiteland Industrial Property for Lease

      431,460 SF warehouse/distribution space available for lease.
      2510 Whiteland Rd, Whiteland, IN 46184
      View Details
    • Contact for pricing
      357,015 SF

      Whiteland Exchange: Class A Warehouse

      Massive Warehouse, Prime Location, Immediate Occupancy
      0 Bob Glidden Blvd, Whiteland, IN 46184
      View Details
    • $1,900 /Mo
      1,316 SF

      Stand-Alone Office Space on US 31

      Office space with high visibility along US 31 corridor.
      180 N Us 31, New Whiteland, IN 46184
      View Details
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    Whiteland, IN 46184
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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