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Property profile & analytics
OFF-MARKET
Strip malls
10343 Indianapolis Blvd Highland, IN 46322-3638
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-1610063
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2014
Construction
TYPE NOT SPECIFIED
Total area
12,169 SF
Lot
1.4 ac (60,984 SF)
Zoning code
R33
APN
45-07-33-351-003.000-026
UPID
US31-1610063
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
by Request
Owner & transaction history
Mjf Highland Real Estate Holding Co · 13 yrs held
Mjf Highland Real Estate Holding Co
since 2013
7 recorded transactions
Zoning & alternative use
R33 · Highland, IN
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 Highland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$44,392
Tax year 2022
Assessed value
$2,212,700
Assessed 2023
Previous assessed
$2,164,700
+2.2% YoY
Effective rate
2.01%
On assessed value
Assessed land
$968,800
Assessed improvement
$1,243,900
Land market value
$968,800
Improvement market value
$1,243,900
Total market value
$2,212,700
Applied tax rate
26.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2014
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
4
Total area
12,169 SF
Lot
1.4 ac (60,984 SF)
Zoning code
R33
APN
45-07-33-351-003.000-026
UPID
US31-1610063
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
R33 · Highland, INZoning R33 · permitted uses
R33 · Highland, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Agenda 08-23-2021
Building & site characteristics
From public records
Year built
2014
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
4
Lot
1.4 ac
Current owner
From public records · entity-resolved
Mjf Highland Real Estate Holding Co
Entity
Mailing address
1622 WILLOW RD STE #201, NORTHFIELD, IL 60093-3450
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
—
Mjf Highland Re Holding Company LLC
—
Deed
related
$2,900,000 · Greenstate Cu
Sep 6, 2017
—
Mjf Of Highland R & E Holding Co Ll
—
Grant Deed
related
$6,400,000 · C-iii Com'l Mtg
Jun 26, 2017
—
Ddrm Highland Grove LLC
—
Deed
related
$274,760 · Morgan Stanley Bank NA
Jun 18, 2013
—
Mjf Of Highland R & E Holding Co Ll
—
Trustees Deed
related
$3,400,000 · Associated Bank
Jan 18, 2013
—
Mjf Highland Real Estate Holding Co
Shamrock Management Group Of Highla
Special Warranty Deed
$1,000,000 · Amalgamated Bank Of Chicago
Oct 5, 2004
—
Shamrock Mgmt Group Of Highland L
Newco Ents INC
Warranty Deed
$2,900,000 · Bank Calumet NA
—
—
Shamrock Mgmt Group Of Highland L
—
Deed Of Trust
related
$4,600,000 · Harris NA
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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