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Financial
Distress signals
Property profile

1203 Sheffield Ave Dyer, IN 46311

FOR LEASE
Medical Office Space
Property ID
US31-0484155
2,617 SF 0.6 ac lot Built 1970
Last sale Mar 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, situated at 1203 Sheffield Avenue in Dyer, Indiana, presents a unique opportunity for discerning businesses. The building boasts a substantial 2,917 square feet of fully renovated space, ready for immediate occupancy. Its prime location offers excellent visibility and accessibility. The property sits on a sizable 0.6-acre lot, providing ample space for parking and potential future expansion. The zoning designation, Sheffield and Main, allows for a wide…

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 · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$400k
Assessed land$107k
Assessed improvement$292k
Effective rate3.23%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 558.81% cap applied$10k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
558.81%
$10k 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.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency34.2
Restaurant26.1
Building Supply24.8

Location

1203 Sheffield Ave Dyer, IN 46311
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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

15 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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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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