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Property profile & analytics
OFF-MARKET
Retail space
204 Main St Kouts, IN 46347
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US31-0226709
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1910
Construction
WOOD
Total area
6,599 SF
Lot
0.19 ac (8,189 SF)
APN
64-16-18-232-009.000-014
UPID
US31-0226709
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
Current use
Occupant on record · Public records
-
Kouts Ace Hardware Building Supply Hardware & Home Improvement
-
Kouts True Value Building Supply Hardware & Home Improvement
-
UPS Authorized Shipping Provider Courier Service Postal Service
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
David C Flesvig · 19 yrs held
David C Flesvig
since 2007
5 recorded transactions
Zoning & alternative use
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 Kouts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kouts 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
$2,966
Tax year 2023
Assessed value
$157,700
Assessed 2023
Previous assessed
$157,700
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$28,600
Assessed improvement
$129,100
Land market value
$28,600
Improvement market value
$129,100
Total market value
$157,700
Applied tax rate
14.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1910
Construction
WOOD
Heating
NONE
Stories
1
Rooms
4
Bathrooms
1
Total area
6,599 SF
Lot
0.19 ac (8,189 SF)
APN
64-16-18-232-009.000-014
UPID
US31-0226709
Jurisdiction
PORTER
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
1910
Construction
WOOD
Heating
NONE
Stories
1
Rooms
4
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
David C Flesvig
Individual
Mailing address
PO BOX 521, KOUTS, IN 46347-0521
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2007
—
David C Flesvig
Flesvig,david C
Quit Claim Deed
related
—
May 23, 2007
—
David C Flesvig
Klemz & Hessling Const INC
Warranty Deed
$135,000 · Homecomings Financial
Apr 6, 2006
—
Robert W Klemz
Merrill Lynch Mtg Trust 2002-afc1
Grant Deed
related
—
—
—
Randall R Yager JR.
—
Deed Of Trust
related
$150,000 · First Source Bank
—
—
Robert W Klemz
—
Deed Of Trust
related
$17,000 · Demotte St Bank Jasper Cnty
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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