Financial
Distress signals
Property profile

123 Main St Delphi, IN 46923

OFF-MARKET
Commercial real estate
Property ID
US31-1235505
4,526 SF 0.11 ac lot Built 1982
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This established grocery store in Delphi, Indiana, presents a unique owner-user investment opportunity. Located at 123 E Main St, 46923, this 13,367 square foot retail space boasts strong financial performance. The 2023 sales totaled $2,299,968, generating a gross profit of $578,953 and a net profit of $72,000 after operating expenses of $507,410. Projected 2024 sales are estimated at $2,525,323, with a projected net profit of $156,028. Renovated in 2004, the property includes a wide array…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$90k
Assessed land$35k
Assessed improvement$56k
Effective rate2.66%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionCARROLL

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.3
Bakery8.8
Dental Office8.7

Location

123 Main St Delphi, IN 46923-1522
County assessor Recorded deeds · not on file 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1968 Us Hwy 421, Delphi, IN 46923 $47,000 Nov 2024 1,575 SF
114 Franklin, Delphi, IN 46923-1210 $92,000 Aug 2024 3,360 SF
410 Water, Delphi, IN 46923-1551 $1,230,000 May 2023 No data
103 Franklin, Delphi, IN 46923-1201 $280,000 May 2023 2,660 SF
215 Monroe, Delphi, IN 46923-1448 $180,000 Jan 2022 1,254 SF
118 Main, Delphi, IN 46923-1543 $143,500 Jun 2021 9,318 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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