New search
Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Manufacturing properties
1011 Smt St, Crown Point, IN 46307-2727
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US31-0020203
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
39,068 SF
Lot
2.33 ac (101,582 SF)
APN
45-16-04-301-021.000-042
UPID
US31-0020203
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
Current use
Occupant on record · Public records
-
Kiemle Hankins - NWI Electrical Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$945k
Blend (final)
Blend
$865k
Owner & transaction history
Rearden Industrial Real Estate LLC · 13 yrs held
Rearden Industrial Real Estate LLC
since 2012
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Crown Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crown Point 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
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$22 / 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
$32,611
Tax year 2022
Assessed value
$1,403,700
Assessed 2023
Previous assessed
$1,364,400
+2.9% YoY
Effective rate
2.32%
On assessed value
Assessed land
$384,800
Assessed improvement
$1,018,900
Land market value
$384,800
Improvement market value
$1,018,900
Total market value
$1,403,700
Applied tax rate
42.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
39,068 SF
Lot
2.33 ac (101,582 SF)
APN
45-16-04-301-021.000-042
UPID
US31-0020203
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
2.33 ac
Current owner
From public records · entity-resolved
Rearden Industrial Real Estate LLC
Entity
Mailing address
94 H ST, PERRYSBURG, OH 43551-4424
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2018
—
Rearden Industrial Real Estate LLC
—
Deed
related
$1,050,000 · Signature Bank NA
Sep 7, 2012
—
Rearden Industrial Real Estate LLC
Crown Point Ventures II LLC
Warranty Deed
$1,060,000 · Key Bank NA
Dec 27, 2004
—
Crown Point Ventures II LLC
Bradbury Co INC
Warranty Deed
$820,000 · Providence Bank
—
—
Crown Point Ventures II LLC
—
Deed Of Trust
related
$1,037,228 · Providence Bank
—
—
Crown Point Ventures II LLC
—
Deed Of Trust
related
$2,000,000 · Providence Bank
—
—
Crown Point Ventures II LLC
—
Deed Of Trust
related
$390,000 · Providence Bank
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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