Property profile

1028 Main St Lapel, IN 46051

OFF-MARKET
Commercial land
Property ID
US31-0652786
1,933 SF 0.22 ac lot Built 1950
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1950
Construction WOOD FRAME
Total area 1,933 SF
Lot 0.22 ac (9,670 SF)
APN 48-10-28-104-074.000-032
UPID US31-0652786

Cap rate & NOI

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

Location

1028 Main St Lapel, IN 46051-9773
Lapel metro Census 11100 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2023
2 recorded transactions
2024
Price N/A
2023
Price N/A

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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