Financial
Distress signals
Property profile

215 S Creasy Ln Lafayette, IN 47905

FOR SALE
Auto shops
Property ID
US31-0599651
8,246 SF 0.87 ac lot Built 1996
Last sale Aug 2021 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$34k
Tax billed · 2023
Assessed value$1.42M
Assessed improvement$1.42M
Effective rate2.38%

Value estimate

· Sep 2026
$1.36M
$1.22M – $1.50M
AI approach$1.33M
Submarket $/SF estimate$936k
NOI build-up
Gross scheduled income$124k
Vacancy & credit loss−$5k
Operating expenses−$35k
NOI · 3.46% cap applied$83k

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?
3.46%
$83k 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.

JurisdictionTIPPECANOE

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.7
Pawn Shop9.5
Watch Repair Shop8.7

Location

215 S Creasy Ln Lafayette, IN 47905
County assessor Recorded deeds · 3 transfers Qualifying 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3649 State Rd 38th E, Lafayette, IN 47905-5122 $1,200,000 Oct 2024 5,340 SF
4901 Tazer, Lafayette, IN 47905-4696 $600,000 Nov 2023 4,116 SF
41 Creasy, Lafayette, IN 47905 $860,000 Apr 2023 3,808 SF
804 Sagamore S, Lafayette, IN 47905 $662,000 Jan 2022 4,972 SF
1500 Sagamore S, Lafayette, IN 47905-4974 $850,000 Dec 2020 9,550 SF
4713 Meijer, Lafayette, IN 47905-4684 $480,000 Nov 2019 9,847 SF
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
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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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