New search
Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Commercial real estate
1020 Kennedy Ave, Schererville, IN 46375-1368
Entity Owned
~
Est. High Equity
Property ID
US31-3494438
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1973
Construction
TYPE NOT SPECIFIED
Total area
25,704 SF
Lot
1.34 ac (58,283 SF)
APN
45-11-09-178-002.000-036
UPID
US31-3494438
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
-
Brittany's Tote & Tank Hardware & Home Improvement
-
MC Tank Lines Inc Trucking Company
-
Herc Equipment Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$640k
Blend (final)
Blend
$550k
Owner & transaction history
Cam Partners LLC
Cam Partners LLC
since 2025
7 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 Schererville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schererville 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
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$21 / 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
$15,109
Tax year 2022
Assessed value
$820,100
Assessed 2023
Previous assessed
$819,300
+0.1% YoY
Effective rate
1.84%
On assessed value
Assessed land
$167,200
Assessed improvement
$652,900
Land market value
$167,200
Improvement market value
$652,900
Total market value
$820,100
Applied tax rate
36.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1973
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
25,704 SF
Lot
1.34 ac (58,283 SF)
APN
45-11-09-178-002.000-036
UPID
US31-3494438
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
1973
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Cam Partners LLC
Entity
Mailing address
9800 E CONNECTICUT DRB2-900, CROWN POINT, IN 46307-7840
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2025
—
Cam Partners LLC
Trust Kklt 102
Warranty Deed
$2,061,440 · Peoples Bank
Dec 23, 2024
—
Kurt Kropp
Indiana Land Trust Company
Deed
—
Jul 29, 2024
—
Town Of Shererville
Indiana Land Trust Company
Deed
—
Jan 4, 2018
—
Trust 5587
—
Deed
related
$745,746 · Peoples Bk&tr Co/pointe Coup
May 3, 2006
—
Trust 5587
Trust 19262
Quit Claim Deed
related
—
Mar 20, 2006
—
Standard Bank Trust 19262
Trust 5587
Quit Claim Deed
—
Nov 21, 2005
—
Trust 5587
Kropp,albert
Warranty Deed
—
Dec 28, 2004
—
Albert Kropp
—
Deed Of Trust
related
$4,383,190 · Standard Bank & Trust
—
—
Albert Kropp
—
Deed Of Trust
related
$2,367,572 · Standard Bank & Trust
—
—
Albert Kropp
—
Deed Of Trust
related
$1,391,300 · Standard Bank & Trust
—
—
Albert E Kropp
—
Deed Of Trust
related
$600,000 · Sand Ridge Bank
—
—
Trust 5587
—
Deed Of Trust
related
$745,746 · Peoples Bk&tr Co/pointe Coup
—
—
Trust 5587
—
Deed Of Trust
related
$350,000 · Peoples Bank
—
—
Albert Kropp
—
Deed Of Trust
related
$1,000,000 · Standard Bank & Trust
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 1020 Kennedy 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.
