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Property profile & analytics
OFF-MARKET
Commercial real estate
605 Sycamore St Silver Lake, IN 46982-8920
Individually Owned
13-yr Hold
Free & Clear
Property ID
US31-0817606
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2020
Construction
WOOD
Total area
264 SF
Lot
0.39 ac (17,160 SF)
Zoning code
RESID
APN
43-18-08-400-040.000-014
UPID
US31-0817606
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Town Of Silver Lake · 13 yrs held
Town Of Silver Lake
since 2013
3 recorded transactions
Zoning & alternative use
RESID · Silver Lake, IN
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 Silver Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Lake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Applied tax rate
14.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
NONE
Stories
1
Total area
264 SF
Lot
0.39 ac (17,160 SF)
Zoning code
RESID
APN
43-18-08-400-040.000-014
UPID
US31-0817606
Jurisdiction
KOSCIUSKO
Zoning & alternative use
RESID · Silver Lake, INZoning RESID · permitted uses
RESID · Silver Lake, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
KMBT_C284-20170116151457
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Town Of Silver Lake
Individual
Free & Clear · 13 yrs held
Mailing address
PO BOX 159, SILVER LAKE, IN 46982-0159
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2013
—
Town Of Silver Lake
Silver Lake Volunteer Fire Departme
Corporation Deed
—
Feb 8, 2013
—
Silver Lake Volunteer Fire Departme
Lake City Bank
Corporation Deed
—
Feb 4, 2013
$5,000
Lake City Bank
Cheryl L Terry
Sheriffs Deed
related
—
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.
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