Property profile

2203 Lafayette St Terre Haute, IN 47805

FOR SALE
Drive through restaurants
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Property ID
US31-1578511
2,565 SF 1.31 ac Built 2000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property at 2203 Lafayette Ave, Terre Haute, Indiana 47805 consists of retail space that has been used together with an operating commercial business. The business operated on-site for approximately 22 years. No details regarding the building size, layout, or specific retail configuration are provided in the description, and no financial terms are included.

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?
$5k
Tax billed · 2023
Assessed value$168k
Assessed land$24k
Assessed improvement$144k
Effective rate3.16%

Value estimate

· Nov 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$3k
Operating expenses−$17k
NOI · 12.91% cap applied$52k

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?
12.91%
$52k 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.

JurisdictionVIGO

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 agency19.9
Law Firm15.0
Building Supply14.2

Location

2203 Lafayette St Terre Haute, IN 47805
County assessor Recorded deeds · not on file 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
2720 Lafayette, Terre Haute, IN 47805-2129 $450,000 May 2022 1,946 SF
8153 Rosedale, Terre Haute, IN 47805-9639 $998,562 Mar 2019 6,448 SF
2121 Lafayette, Terre Haute, IN 47805-2917 $136,630 Nov 2018 9,570 SF
2111 Lafayette, Terre Haute, IN 47805-2917 $99,010 Nov 2018 4,154 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
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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