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Financial
Distress signals
Property profile

1346 South Grandstaff Dr Auburn, IN 46706

FOR LEASE
Other office properties
Property ID
US31-1073710
3,096 SF 0.3 ac lot Built 1997
Last sale Oct 2021
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Auburn Professional Village is a multi-unit office condominium property in Auburn, Indiana, with office floor plans configured to support business use. Contiguous office condos at units 1340 through 1350 can be combined to create a larger suite totaling 15,888 square feet; unit 1346 South Grandstaff Drive is one of the available contiguous spaces and has 3,096 square feet. The complex is located approximately one mile from I-69 Exit 329 and about 20 miles north of Fort Wayne, situated south of…

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 · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$127k
Assessed land$8k
Assessed improvement$119k
Effective rate2.36%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$11k
Operating expenses−$8k
NOI · 211,766.67% cap applied$25k

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?
211,766.67%
$25k 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.

JurisdictionDE KALB

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 agency14.0
Dental Office13.8
Parking Facility11.1

Location

1346 South Grandstaff Dr Auburn, IN 46706
County assessor Recorded deeds · 1 transfer 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

2 recorded sales · 16 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1144 15th, Auburn, IN 46706-2096 $2,030,000 Apr 2021 7,408 SF
820 Smaltz, Auburn, IN 46706-0608 $897,000 Jan 2021 15,960 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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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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