Financial
Distress signals
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

Commercial property located in Butler consisting of two attached buildings with a total area of 9,504 square feet. The west portion of the property has been used as a cycle repair shop. The interior configuration supports use as either one larger business or as two separate storefronts, and the spaces are suitable for retail, boutique, thrift store, office use, and other specialty shops.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$2k
Tax billed · 2023
Assessed value$65k
Assessed land$14k
Assessed improvement$51k
Effective rate2.56%

Value estimate

· Sep 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.

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 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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