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Property profile & analytics
FOR SALE
Office Spaces
3900 Mccarty Ln Lafayette, IN 47905
Entity Owned
~
Est. High Equity
Property ID
US31-0527377
For Sale
1 / 2
$11,400,000
3900 Mccarty Ln, Lafayette, IN 47905
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2009
Construction
WOOD
Total area
34,236 SF
Lot
1.5 ac (65,340 SF)
APN
79-07-26-477-001.000-004
UPID
US31-0527377
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Valleyview Detox Advice Gym & Fitness Center Alternative Medicine Practice
-
Milton Marvin A. Chua, MD - IU Health Sleep Disorders Center Medical Clinic
-
IU Health Arnett Home Care - Lafayette Sleep Center Home Health Care Service
-
IU Health Home Care - Lafayette Home Health Care Service
-
Wabash - Headquarters Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.02M
Comparable Approach
Comparable
$3.58M
Blend (final)
Blend
$3.46M
Owner & transaction history
Cascada Properrties LLC
Cascada Properrties LLC
since 2026
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,355,000
6.5%
$4,020,000
7%
$3,730,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,335,000
Current use
Blend value · Realmo final
$3.46M
Range $3.11M – $3.81M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$101 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$79,900
Tax year 2023
Assessed value
$3,364,200
Assessed 2023
Previous assessed
$3,364,200
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed improvement
$3,364,200
Improvement market value
$3,364,200
Total market value
$3,364,200
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
2009
Construction
WOOD
Heating
NONE
Stories
2
Total area
34,236 SF
Lot
1.5 ac (65,340 SF)
APN
79-07-26-477-001.000-004
UPID
US31-0527377
Jurisdiction
TIPPECANOE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
WOOD
Heating
NONE
Stories
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
Cascada Properrties LLC
Entity
Mailing address
PO BOX 469, LAFAYETTE, IN 47902-0469
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
Cascada Properrties LLC
—
Deed
related
$2,750,000 · Purdue FCU
Aug 22, 2022
—
Cascada Properties LLC
—
Deed
related
$150,000 · Purdue FCU
Nov 22, 2019
—
Cascada Properties LLC
—
Deed
related
$600,000 · Purdue FCU
Dec 17, 2018
—
Cascada Properties LLC
—
Deed
related
$2,978,000 · Purdue FCU
—
—
Cascada Properties LLC
—
Deed Of Trust
related
$610,000 · Lafayette Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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