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Financial
Distress signals
Property profile

1360 S Lake Park Ave Hobart, IN 46342

FOR LEASE
Office Spaces
Property ID
US31-0725837
2,544 SF 0.43 ac lot Built 1957
Last sale Sep 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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 · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$158k
Assessed land$90k
Assessed improvement$68k
Effective rate3.38%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$7k
Operating expenses−$7k
NOI · 120,527.89% cap applied$20k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$25 – $119
Qualifying comparables16

Cap rate analysis

How does the asset earn?
120,527.89%
$20k 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.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency25.9
Restaurant19.2
Dental Office19.2

Location

1360 S Lake Park Ave Hobart, IN 46342
County assessor Recorded deeds · 2 transfers 16 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4400 61st, Hobart, IN 46342-6472 $49,000 Mar 2024 1,064 SF
3530 Michigan, New Chicago, IN 46342-2061 $65,000 Jan 2023 1,144 SF
341 Main, Hobart, IN 46342-4441 $96,900 Apr 2021 1,480 SF
8006 Aetna, Hobart, IN 46342 $870,000 Mar 2021 5,170 SF
8792 Rdg, Hobart, IN 46342-2586 $415,000 Aug 2020 5,620 SF
150 3rd, Hobart, IN 46342-4356 $29,000 Jun 2019 2,630 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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