New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Theaters & concert halls
10009 Parrish Ave Saint John, IN 46373-8765
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US31-0448864
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
2002
Construction
TYPE NOT SPECIFIED
Total area
25,423 SF
Lot
15.7 ac (683,892 SF)
Zoning code
R3
APN
45-11-34-300-002.000-035
UPID
US31-0448864
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
$1.49M
Owner & transaction history
Blb St John LLC · 6 yrs held
Blb St John LLC
since 2019
7 recorded transactions
Zoning & alternative use
R3 · Saint John, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+47.2%
Auto repair, garage
$2.1M
+38.0%
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 Saint John submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint John 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
THEATER (MOVIE)
$1,505,000
Current use
RESTAURANT
$2,220,000
Change: +47% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,080,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$1,430,000
Change: -5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,430,000
Change: -5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,425,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,350,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$1,240,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$59 / SF
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 2022Property tax & assessments
Tax year 2022
Tax billed
$100,396
Tax year 2022
Assessed value
$4,965,200
Assessed 2023
Previous assessed
$4,965,200
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$1,526,000
Assessed improvement
$3,439,200
Land market value
$1,526,000
Improvement market value
$3,439,200
Total market value
$4,965,200
Applied tax rate
35.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
2002
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Stories
1
Total area
25,423 SF
Lot
15.7 ac (683,892 SF)
Zoning code
R3
APN
45-11-34-300-002.000-035
UPID
US31-0448864
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
R3 · Saint John, IN
Zoning R3 · permitted uses
R3 · Saint John, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint John. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
THEATER (MOVIE) Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
THEATER (MOVIE) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
2
Lot
15.7 ac
Current owner
From public records · entity-resolved
Blb St John LLC
Entity
Mailing address
10009 PARRISH AVE, SAINT JOHN, IN 46373-8765
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2025
—
Suncrest Christian Church INC
—
Deed
related
$5,500,000 · Christian Financial Resources INC
Jun 7, 2022
—
Christian Church INC
—
Deed
related
$3,600,000 · Christian Financial Cu
Oct 10, 2019
—
Blb St John LLC
Christian Church Suncrest
Correction Deed
related
—
Nov 8, 2018
—
Blb St John LLC
Christian Church Sunerest
Quit Claim Deed
related
—
Oct 11, 2017
—
Suncrest Christian Church INC
—
Deed
related
—
May 5, 2016
—
Suncrest Christian Church INC
—
Deed
related
$100,000 · First Merchants Bk
Aug 10, 2010
—
Suncrest Christian Church INC
—
Trustees Deed
related
$75,000 · Fifth Third Bank
Jun 6, 2006
—
Suncrest Christian Church INC
—
Trustees Deed
related
$200,000 · Fifth Third Bank
—
—
Christian Church Suncrest
—
Deed Of Trust
related
$3,000,000 · Fifth Third Bank Chicago
—
—
Suncrest Christian Church INC
—
Deed Of Trust
related
$949,600 · Fifth Third Bank
—
—
Suncrest Christian Church INC
—
Loan Modification
related
$100,000 · First Merchants Bk
—
—
Suncrest Christian Church INC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10009 Parrish Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
