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Property profile & analytics
FOR SALE
Commercial real estate
101 W Main St Syracuse, IN 46567
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US31-0298972
For Sale
1 / 32
$229,900
101 W Main St, Syracuse, IN 46567
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1890
Construction
WOOD
Total area
5,097 SF
Lot
0.06 ac (2,530 SF)
Zoning code
COMME
APN
43-04-06-200-276.000-026
UPID
US31-0298972
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
Current use
Occupant on record · Public records
-
Benson Communications Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Nature's Terrace Specialty Food Shop
-
A Touch of Beauty Hair Salon Nail Salon
-
Honeydew Tattoo Tattoo & Piercing Shop
-
Fidelity National Title Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Goshen Rental Prop LLC S Series Elk · 2 yrs held
Goshen Rental Prop LLC S Series Elk
since 2023
Last sale
$87,000
6 recorded transactions
Zoning & alternative use
COMME · Syracuse, IN
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 Syracuse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Syracuse 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,043
Tax year 2023
Assessed value
$119,400
Assessed 2023
Previous assessed
$119,400
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$20,000
Assessed improvement
$99,400
Land market value
$20,000
Improvement market value
$99,400
Total market value
$119,400
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1890
Construction
WOOD
Heating
NONE
Stories
3
Total area
5,097 SF
Lot
0.06 ac (2,530 SF)
Zoning code
COMME
APN
43-04-06-200-276.000-026
UPID
US31-0298972
Jurisdiction
KOSCIUSKO
Zoning & alternative use
COMME · Syracuse, IN
Zoning COMME · permitted uses
COMME · Syracuse, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Syracuse. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
WOOD
Heating
NONE
Stories
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
Goshen Rental Prop LLC S Series Elk
Entity
Free & Clear · 2 yrs held
Mailing address
4000 E BRISTOL ST, ELKHART, IN 46514-6949
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2024
—
Goshen Rental Properties LLC S
—
Deed
related
$100,000 · Lake City Bank
Dec 20, 2023
$8,700
Goshen Rental Prop LLC S Series Elk
Kelly Flickinger
Re-recorded Document
related
—
Nov 13, 2023
$87,000
Goshen Rental Prop LLC Series Elkha
Kelly Flickinger
Warranty Deed
$70,000 · Income Trust
May 23, 2022
—
Kelly Flickinger
Syracuse Holdings LLC
Warranty Deed
—
Jan 13, 2016
$150,000
Yours Ours & Mine LLC
Roybar Enterprises LLC
Warranty Deed
—
Mar 23, 2011
$160,000
Roybar Enterprises LLC
Larry E Haviland
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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