Property profile

1210 Main St Lafayette, IN 47901

OFF-MARKET
Parking lots & garages
Property ID
US31-0945533
0.17 ac lot Built 1989
Individually Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A stand-alone commercial building located on the east end of Downtown Lafayette. The property is configured as approximately 1,000 square feet of renovated retail or office space (renovations completed in 2023) within a larger building footprint of about 1,640 square feet. It features a flexible interior layout with two private offices, one restroom, and two large open areas suited for uses such as reception, showroom, bullpen workspace, or client meetings. The building includes a garage/storage component for additional operational flexibility. Exterior features include signage capability and eight designated on-site parking spaces, with additional room for vehicles directly in front of the garage area. The site covers about 0.2 acres and provides immediate access to downtown Lafayette and Purdue-area traffic; utility services are part of the building’s configuration.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1989
Construction TYPE NOT SPECIFIED
Lot 0.17 ac (7,275 SF)
APN 79-07-21-361-012.000-004
UPID US31-0945533

Cap rate & NOI

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

Location

1210 Main St Lafayette, IN 47901-1581
Lafayette metro Census 700 LAFAYETTE-WEST LAFAYETTE, 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
$210k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
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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