Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Medical Office Space

    1203 Sheffield Ave, Dyer, IN 46311

    2,617 SF 0.6 ac lot Built 1970
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US31-0484155
    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 range of uses, including retail, office, medical, and various service-oriented businesses. This flexibility makes it an attractive investment for entrepreneurs seeking a versatile and well-maintained space. The recent, comprehensive renovation ensures a modern and functional environment, minimizing the need for costly upgrades. The building is move-in ready, allowing businesses to focus on operations rather than renovations. This is a rare opportunity to acquire a high-quality commercial property in a desirable location at an attractive price point of $399,900. Don't miss out on this chance to establish your business in a thriving community.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1970
    Construction WOOD
    Total area 2,617 SF
    Lot 0.6 ac (25,962 SF)
    APN 45-10-01-451-004.000-034
    UPID US31-0484155
    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
    Point Of Grace LLC · 1 yrs held
    Point Of Grace LLC
    since 2025
    7 recorded transactions
    2025
    2022
    2020
    2019
    2018
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message