Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

208 E Main St Butler, IN 46721

FOR SALE
Retail space
Property ID
US31-0820276
3,712 SF 0.2 ac lot Built 1900
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in Butler, the property consists of two attached commercial buildings with a total area of 9,504 square feet. The west side has historically been used as a cycle repair shop. The interior configuration supports use for a single larger business or, alternatively, for two separate storefronts, providing flexibility for retail and service-oriented tenants. The space is suitable in layout for retail, boutique, thrift store, office use, and specialty shops, with frontage offering visibility to the surrounding area.

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?
$2k
Tax billed · 2023
Assessed value$65k
Assessed land$14k
Assessed improvement$51k
Effective rate2.56%

Value estimate

· Oct 2026
$225k
$203k – $248k
AI approach$285k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$3k
Operating expenses−$18k
NOI · 47.78% cap applied$42k

Realmo valuation models over county records and 3 qualifying comparable sales.

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?
47.78%
$42k 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 agency10.3
Parking Facility9.6
Dental Office9.3

Location

208 E Main St Butler, IN 46721
County assessor Recorded deeds · not on file 3 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

4 recorded sales · 8 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Broadway, Butler, IN 46721-1305 $35,000 Aug 2024 1,900 SF
108 Main, Butler, IN 46721-1448 $15,000 Feb 2021 1,586 SF
349 Main, Butler, IN 46721-1352 $72,500 Apr 2020 No data
Main, Butler, IN 46721 $72,500 Apr 2020 No data
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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