Financial
Distress signals
Property profile

14 N 2Nd St Lafayette, IN 47901

FOR LEASE
Office Spaces
Property ID
US31-1070915
6,248 SF 0.33 ac lot Built 1845
Last sale Apr 2023 · $1,690,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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. 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 · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$1.01M
Assessed improvement$1.01M
Effective rate2.30%

Value estimate

· Sep 2026
$1.69M
$1.52M – $1.86M
AI approach$1.69M
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 122,604.76% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$76/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$46 – $137

Cap rate analysis

How does the asset earn?
122,604.76%
$26k 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.

JurisdictionTIPPECANOE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.6
Pharmacy12.4
Wholesale Shop10.4

Location

14 N 2Nd St Lafayette, IN 47901
County assessor Recorded deeds · 3 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
600 4th, Lafayette, IN 47901-1005 $322,730 Feb 2023 7,824 SF
10 3rd, Lafayette, IN 47901-1296 $185,000 Oct 2022 3,625 SF
322 Main, Lafayette, IN 47901-1352 $480,000 Apr 2022 6,534 SF
310-312 4th, Lafayette, IN 47901 $985,000 Oct 2021 6,404 SF
509 Columbia, Lafayette, IN 47901-1433 $267,000 Sep 2021 3,663 SF
2 4th, Lafayette, IN 47901-1301 $595,000 Sep 2019 8,160 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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