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Property profile & analytics
OFF-MARKET
Office Spaces
200 Main St Leesburg, IN 46538
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-2268019
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1965
Construction
TYPE NOT SPECIFIED
Total area
6,012 SF
Lot
0.89 ac (38,768 SF)
Zoning code
NON-P
APN
43-07-08-400-169.000-018
UPID
US31-2268019
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kramerica Investment Properties LLC · 7 yrs held
Kramerica Investment Properties LLC
since 2019
3 recorded transactions
Zoning & alternative use
NON-P · Leesburg, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Leesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leesburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,969
Tax year 2023
Assessed value
$183,100
Assessed 2023
Previous assessed
$183,100
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$74,600
Assessed improvement
$108,500
Land market value
$74,600
Improvement market value
$108,500
Total market value
$183,100
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1965
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
6,012 SF
Lot
0.89 ac (38,768 SF)
Zoning code
NON-P
APN
43-07-08-400-169.000-018
UPID
US31-2268019
Jurisdiction
KOSCIUSKO
Zoning & alternative use
NON-P · Leesburg, INZoning NON-P · permitted uses
NON-P · Leesburg, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
Kramerica Investment Properties LLC
Entity
Mailing address
116 N CHAUNCEY ST, COLUMBIA CITY, IN 46725-2002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2019
$145,000
Kramerica Investment Properties LLC
Horizon Bank
Special Warranty Deed
$116,000 · Lake City Bank
Sep 12, 2012
—
Farmers State Bank
Pnc Bank
Corporation Deed
—
Mar 27, 2009
—
State Of Indiana
National City Bank
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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