Entity Owned Property summary
AI-generated overview
This exceptional Class A office space, located at 850 Marsh St in Valparaiso, Indiana, offers 1,400 to 1,600 contiguous square feet within a 7,000 square foot building. Situated on the ground floor for convenient access, this suite boasts a welcoming reception area with a dedicated desk and a private bathroom. The space is part of a multi-tenant building with a total of four suites, offering a professional and collaborative environment. Recently renovated in 2021, the building features updated common areas and a newly paved parking lot with over 30 spaces. Landscaping enhancements further contribute to a modern and inviting atmosphere. The property enjoys a highly visible location just off Route 30, benefiting from significant daily traffic (nearly 20,000 vehicles) and prominent signage opportunities. Built in 1989, this two-story building includes an elevator for easy access to all floors. The minimum divisible space is 1,400 square feet, ideal for businesses seeking a functional and accessible location in Porter County. Currently, 1,400 square feet of office space is available for lease.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
WOOD
Total area
7,052 SF
Lot
0.6 ac (26,136 SF)
APN
64-09-26-127-009.000-004
UPID
US31-0378969
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$715k
Owner & transaction history
since 2022
Last sale
$840,000
3 recorded transactions
Zoning & alternative use
Top alternative use upside
Retail stores
$670,000
+60.5%
Commercial (general)
$570,000
+36.0%
Restaurant
$525,000
+25.4%
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
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.
All 3 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$715k
Value range
$644k – $787k
±10% around blend
Estimated value / SF
$101 / SF
Confidence
Low
3 county-verified comps
Property data
88
Comparable evidence
30
$644k
blend $715k
$787k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,052 SF
Lot area
0.6 ac
Year built
1989
Stories
2
APN
64-09-26-127-009.000-004
Assessed value
$416,500
Annual tax
$10,892
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.04M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.3 mi away · 6,942 SF
15.0 mi away · 7,192 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$715k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+61%
vs current-use indication
Commercial (general)
Restaurant
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
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
Comparable evidence · 3 sales
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$840k
Move the market yield to see immediate price impact.
Value / SF
$119
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%
$53k
$1.06M
$756k
$588k
$59k
$1.18M
$840k
$653k
$65k
$1.29M
$924k
$719k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$750k
13.3 mi · Sep 2025 · $108/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,892
Tax year 2023
Assessed value
$416,500
Assessed 2023
Previous assessed
$416,500
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$128,100
Assessed improvement
$288,400
Land market value
$128,100
Improvement market value
$288,400
Total market value
$416,500
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Stories
2
Total area
7,052 SF
Lot
0.6 ac (26,136 SF)
APN
64-09-26-127-009.000-004
UPID
US31-0378969
Jurisdiction
PORTER
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.6 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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.
Registration is required before any owner information is shown.
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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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