Financial
Distress signals
Property profile

209 E 175Th St Westfield, IN 46074

FOR LEASE
Office Spaces
Property ID
US31-1067747
6,300 SF 1.56 ac lot Built 1999
Last sale Aug 2023 · $13,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional office space, located in Westfield along SR 32, offers a total of 6,300 square feet within a beautifully renovated building (2022). Currently, a single, contiguous space of 2,350 square feet is immediately available for lease. The building is comprised of two suites in total, providing a sense of community and privacy. The available space offers 24/7 private access, a significant advantage for businesses requiring flexible hours. Tenants are responsible for a portion of the

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?
$19k
Tax billed · 2023
Assessed value$803k
Assessed land$218k
Assessed improvement$585k
Effective rate2.34%

Value estimate

· Sep 2026
$1.21M
$1.09M – $1.33M
Sales comparison$1.31M
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$4k
Operating expenses−$11k
NOI · 84,756.00% cap applied$21k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$317/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$117 – $518
Qualifying comparables4

Cap rate analysis

How does the asset earn?
84,756.00%
$21k 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.

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency16.9
Law Firm14.2
Hair Salon14.1

Location

209 E 175Th St Westfield, IN 46074
County assessor Recorded deeds · 11 transfers 4 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

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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