Property profile

217 7th St Lapel, IN 46051

OFF-MARKET
Office Spaces
Property ID
US31-1277521
24,826 SF 0.2 ac lot Built 1896
Entity Owned Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1896
Construction WOOD
Total area 24,826 SF
Lot 0.2 ac (8,712 SF)
APN 48-10-28-401-033.000-032
UPID US31-1277521

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center
  • Church

Location

217 7th St Lapel, IN 46051-9579
Lapel metro Census 11100 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$425k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Retail stores $1.5M +60.6%

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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