Technical
Financial
Distress signals
Property profile

Mitten Rd Spencer, IN 47460

OFF-MARKET
Office Spaces
Property ID
US31-2733957
39,255 SF 1.37 ac lot Built 1970
Entity Owned Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1970
Construction WOOD
Total area 39,255 SF
Lot 1.37 ac (59,677 SF)
APN 60-12-10-400-330.000-023
UPID US31-2733957

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mitten Rd Spencer, IN 47460
Spencer metro Census 955702 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.04M
Blend (final) Blend
$485k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $4.2M +39.0%
Retail stores $3.5M +14.9%

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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