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Financial
Distress signals
Property profile

209 E 175Th St Westfield, IN 46074

FOR LEASE
Office Spaces
Property ID
US31-1067747
6,300 SF 1.56 ac lot Built 1999
Last sale Aug 2023 · $13,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional office space, located in Westfield along SR 32, offers a total of 6,300 square feet within a beautifully renovated building (2022). Currently, a single, contiguous space of 2,350 square feet is immediately available for lease. The building is comprised of two suites in total, providing a sense of community and privacy. The available space offers 24/7 private access, a significant advantage for businesses requiring flexible hours. Tenants are responsible for a portion of the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$803k
Assessed land$218k
Assessed improvement$585k
Effective rate2.34%

Value estimate

· Oct 2026
$1.21M
$1.09M – $1.33M
Submarket $/SF estimate$1.31M
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$4k
Operating expenses−$11k
NOI · 84,756.00% cap applied$21k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$317/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$117 – $518
Qualifying comparables7

Cap rate analysis

How does the asset earn?
84,756.00%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency16.9
Law Firm14.2
Hair Salon14.1

Location

209 E 175Th St Westfield, IN 46074
County assessor Recorded deeds · 11 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
231 Main, Westfield, IN 46074-9395 $513,475 Apr 2025 3,399 SF
770 Pawtucket, Westfield, IN 46074-5839 $620,000 Nov 2024 5,808 SF
211 Main, Westfield, IN 46074-9395 $309,575 Oct 2022 6,480 SF
1367 Waterleaf, Westfield, IN 46074-7956 $5,700,000 Apr 2022 10,769 SF
110 Main, Westfield, IN 46074-8924 $499,900 Mar 2022 4,620 SF
727 Main, Westfield, IN 46074 $650,000 Jan 2020 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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