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Property profile & analytics
OFF-MARKET
Industrial land
10951 Us Rte 41 Saint John, IN 46373
Entity Owned
6-yr Hold
Free & Clear
Property ID
US31-0450740
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.71 ac (31,145 SF)
Zoning code
R3
APN
45-11-33-302-004.000-035
UPID
US31-0450740
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
Ro Am III LLC · 6 yrs held
Ro Am III LLC
since 2020
4 recorded transactions
Zoning & alternative use
R3 · Saint John, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This R-3 district provides for duplexes, single family cluster homes, and townhouses in limited portions of the Town and also provides new areas for modern low density and moderate density, multi family developments. Nonresidential uses would be of similar character as those in R-1 districts.
Zone name
Residential Multifamily District
General category
RESIDENTIAL
Zone area
63.95 ac
Source
Realmo
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
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
$1,769
Tax year 2022
Assessed value
$96,500
Assessed 2023
Previous assessed
$96,500
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$96,500
Land market value
$96,500
Total market value
$96,500
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.71 ac (31,145 SF)
Zoning code
R3
APN
45-11-33-302-004.000-035
UPID
US31-0450740
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
R3 · Saint John, INZoning 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
Zoning description
This R-3 district provides for duplexes, single family cluster homes, and townhouses in limited portions of the Town and also provides new areas for modern low density and moderate density, multi family developments. Nonresidential uses would be of similar character as those in R-1 districts.
Zone name
Residential Multifamily District
General category
RESIDENTIAL
Zone area
63.95 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.71 ac
Current owner
From public records · entity-resolved
Ro Am III LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 772, BEVERLY SHORES, IN 46301-0772
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2020
—
Ro Am III LLC
Flint R Alm
Quit Claim Deed
related
—
Aug 10, 2018
—
Flint R Alm
—
Deed
related
$750,000 · American Community Bank Of Indiana
Nov 12, 2013
—
Flint R Alm
Alm,flint R & Jamie R
Quit Claim Deed
related
$625,000 · American Savings Bank
—
—
Flint Alm
—
Deed Of Trust
related
$160,593 · Bank One 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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