Financial
Distress signals
Property profile

840 S Broad St Griffith, IN 46319

FOR SALE
Commercial land
Property ID
US31-0709960
0.37 ac lot
Last sale Jan 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 5,564-square-foot restaurant and event venue building that has been fully renovated, including upgrades such as new plumbing and electrical systems, new bathrooms, flooring, windows, and doors. It includes four HVAC units with ductwork, SMART siding with a 20+ year warranty, and a roof that is approximately 12 years old. The outdoor area features a 2,000-square-foot patio surrounded by greenery and woods, with a rock area for games or overflow seating and gas fire pits; the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2022

What does the county charge?
$795
Tax billed · 2022
Assessed value$31k
Assessed land$31k
Effective rate2.60%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$25 – $119

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant7.8
Building Supply9.5
Wholesale Shop8.8

Location

840 S Broad St Griffith, IN 46319
County assessor Recorded deeds · 3 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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