Technical
Financial
Distress signals
Property profile

123 Michigan St Lapaz, IN 46537

OFF-MARKET
Retail space
Property ID
US31-1959511
588 SF 0.04 ac lot Built 1920
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction WOOD
Total area 588 SF
Lot 0.04 ac (1,750 SF)
APN 50-52-95-204-222.000-010
UPID US31-1959511

Cap rate & NOI

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

Location

123 Michigan St Lapaz, IN 46537
Lapaz metro Census 20201 PLYMOUTH, IN MICROPOLITAN 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
$150k

Owner & transaction history

since 2025
3 recorded transactions
2025
$21,500
2024
$9,293
2005
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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