Entity Owned Property summary
AI-generated overview
This exceptional retail and office property, DeMotte Plaza, offers 78,870 square feet of versatile space in the thriving Jasper County community of De Motte, Indiana. Located at 417 N Halleck St, 46310, this multi-tenant building boasts 11 suites, providing options for businesses of various sizes. Currently, there are 2,695 square feet of vacant space available, with flexible lease options ranging from a minimum of 950 square feet to a maximum contiguous space of 50,119 square feet. The property's traditional office subtype makes it ideal for a range of professional services or retail businesses seeking a prominent location within a busy shopping center. Its strategic location in De Motte offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong business growth. The property is categorized as both retail and office, providing flexibility for diverse business needs. This presents a unique opportunity to establish or expand your business in a vibrant and well-established commercial center. Inquire today to learn more about the available spaces and lease terms.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1957
Construction
TYPE NOT SPECIFIED
Total area
1,840 SF
Lot
1.18 ac (51,444 SF)
Zoning code
BUFF
APN
37-15-26-000-147.000-025
UPID
US31-1051371
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
-
Gas Station
-
Gas Station
-
Grocery & Convenience Store Food Market
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
since 2026
2 recorded transactions
Zoning & alternative use
BUFF · Demotte, IN
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$270k
Value range
$243k – $297k
±10% around blend
Estimated value / SF
$147 / SF
Confidence
Property data
100
Comparable evidence
60
$243k
blend $270k
$297k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,840 SF
Lot area
1.18 ac
Year built
1957
Stories
1
APN
37-15-26-000-147.000-025
Zoning
BUFF
Assessed value
$525,700
Annual tax
$6,727
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$270k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$526k
Move the market yield to see immediate price impact.
Value / SF
$286
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$33k
$662k
$473k
$368k
$37k
$736k
$526k
$409k
$40k
$810k
$578k
$450k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,727
Tax year 2023
Assessed value
$525,700
Assessed 2023
Previous assessed
$525,700
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$284,400
Assessed improvement
$241,300
Land market value
$284,400
Improvement market value
$241,300
Total market value
$525,700
Applied tax rate
15.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1957
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
1,840 SF
Lot
1.18 ac (51,444 SF)
Zoning code
BUFF
APN
37-15-26-000-147.000-025
UPID
US31-1051371
Jurisdiction
JASPER
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
BUFF · Demotte, INZoning BUFF · permitted uses
BUFF · Demotte, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1957
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.18 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
BUFF
Jurisdiction
Demotte, IN
Recorded code
BUFF
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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