504 W National Avenue Brazil, IN 47834
SINGLE_FAMILY - Brazil, IN
- Added:
- Feb 12, 2026
- Days on Market:
- 150
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 504 W National Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- c/1
- Interior features
- Fixtures, Restroom(s), Handicap Access
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 11-02-36-400-318.000-002
- Lot size
- 0.06 Acres
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Floors in Building
- 1
Listing agent Debbie Mershon License #RB14043311 (812) 201-8113
Listing office A & B HOMES 510 W National Ave, Brazil, IN (812) 605-8097
Listing date Feb 12, 2026
Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located on West National Avenue in Brazil, Indiana, in Clay County. Parking is available on the street and in the back of the building.
With its dedicated room layout and updated interior finishes, the space is well suited for an office or studio setup requiring separate rooms, a reception area, and restroom facilities.
Key Highlights
- Updated 1,800 SF building on West National Avenue in Brazil, with 4 rooms (each 13' x 11') for office or studio use
- 4 rooms include built‑in cabinetry with sinks
- Full bath with tiled walk‑in shower plus an additional half bath
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.9k | $14.40 |
| − Vacancy | −$4.1k | −$2.30 |
| EGI | $21.8k | $12.10 |
| − OpEx | −$5.4k | −$3.02 |
| NOI | $16.3k | $9.07 |
