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Property profile & analytics
OFF-MARKET
Auto shops
1098 Sagamore W Pkwy, West Lafayette, IN 47906-1446
Individually Owned
21-yr Hold
Free & Clear
Property ID
US31-0731060
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Construction
TYPE NOT SPECIFIED
Total area
2,504 SF
Lot
0.53 ac (23,248 SF)
APN
79-07-07-151-008.000-026
UPID
US31-0731060
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
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
Billy L Neal · 21 yrs held
Billy L Neal
since 2004
7 recorded transactions
Zoning & alternative use
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 West Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Lafayette 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
$9,205
Tax year 2023
Assessed value
$351,300
Assessed 2023
Previous assessed
$351,300
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed improvement
$351,300
Improvement market value
$351,300
Total market value
$351,300
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
Similar Nearby for Lease
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1970
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
2,504 SF
Lot
0.53 ac (23,248 SF)
APN
79-07-07-151-008.000-026
UPID
US31-0731060
Jurisdiction
TIPPECANOE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Billy L Neal
Individual
Free & Clear · 21 yrs held
Mailing address
7321 STATE RD 43RD N, BATTLE GROUND, IN 47920-9404
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2004
—
Billy L Neal
Holt,boyce A
Warranty Deed
related
—
—
—
Billy L Neal
—
Deed Of Trust
related
$105,549 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$31,995 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$105,549 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$31,955 · Fowler State Bank
—
—
Billy I Neal
—
Deed Of Trust
related
$31,955 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$175,000 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$31,995 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$105,549 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$31,995 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$50,000 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$105,549 · Fowler State Bank
—
—
Billy L Neal
—
Deed Of Trust
related
$105,549 · Fowler State Bank
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
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