Financial
Distress signals
Property profile

404 Sagamore Pkwy W West Lafayette, IN 47906

FOR LEASE
Retail space
Property ID
US31-0477630
9,812 SF 1.24 ac lot Built 1998
Last sale Mar 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 404 Sagamore Pkwy W in West Lafayette includes a fully built-out retail/showroom suite configured with approximately 5,000 square feet of customer-facing retail space and about 2,500 square feet of storage on the north side of the building, designed to accommodate both front-of-house merchandising and back-of-house inventory handling within a single cohesive layout. The suite is located within a retail center setting with established tenant occupancy and is supported by ample…

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?
$29k
Tax billed · 2023
Assessed value$1.11M
Assessed improvement$1.11M
Effective rate2.62%

Value estimate

· Sep 2026
$1.02M
$918k – $1.12M
Submarket $/SF estimate$1.40M
NOI build-up
Gross scheduled income$112k
Vacancy & credit loss−$5k
Operating expenses−$32k
NOI · 326,452.17% cap applied$75k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$146/SF
Submarket average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$77 – $205

Cap rate analysis

How does the asset earn?
326,452.17%
$75k 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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.7
Realty agency23.0
Hair Salon15.4

Location

404 Sagamore Pkwy W West Lafayette, IN 47906
County assessor Recorded deeds · 4 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

5 recorded sales · 10 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
265 State, West Lafayette, IN 47906-3222 $5,734,000 Dec 2024 2,250 SF
307 Sagamore W, West Lafayette, IN 47906-1500 $1,750,000 Nov 2023 10,344 SF
2417 Yeager, West Lafayette, IN 47906 $750,000 Sep 2023 1,820 SF
618 Stadium, West Lafayette, IN 47906-2668 $3,630,000 May 2021 15,416 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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