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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Warehouses
111 142nd St Hammond, IN 46327-1272
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US31-0355145
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1916
Construction
WOOD
Total area
29,556 SF
Lot
3.51 ac (152,896 SF)
APN
45-02-25-101-002.000-023
UPID
US31-0355145
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
-
Security Transport Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
Security Transport INC · 4 yrs held
Security Transport INC
since 2022
Last sale
$900,000
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 Hammond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hammond 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
$850,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10% · vs last sale $900k (Feb 25 2022)
Last sale anchor
$900k
Feb 25 2022
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
$36 / 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
$54,282
Tax year 2022
Assessed value
$1,029,300
Assessed 2023
Previous assessed
$976,200
+5.4% YoY
Effective rate
5.27%
On assessed value
Assessed land
$293,100
Assessed improvement
$736,200
Land market value
$293,100
Improvement market value
$736,200
Total market value
$1,029,300
Applied tax rate
23.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1916
Construction
WOOD
Heating
NONE
Stories
1
Total area
29,556 SF
Lot
3.51 ac (152,896 SF)
APN
45-02-25-101-002.000-023
UPID
US31-0355145
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
1916
Construction
WOOD
Heating
NONE
Stories
1
Lot
3.51 ac
Current owner
From public records · entity-resolved
Security Transport INC
Entity
Mailing address
111 142ND ST, HAMMOND, IN 46327-1272
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
—
Security Transport INC
Rmj Securities LLC
Quit Claim Deed
related
$548,472 · Busey Bank
Mar 30, 2016
$900,000
Rmj Securities LLC
Taw Realty LLC
Grant Deed
$600,000 · Trident Holdings LLC
Sep 15, 2005
—
Taw Realty LLC
Mercantile Natl Bk Of Indiana
Quit Claim Deed
related
—
Feb 5, 2004
$2,000,000
Mercantile National Bk Of Indiana
Sheriff Of Lake County
Trustees Deed
related
—
—
—
Taw Realty LLC
—
Loan Modification
related
$727,500 · Inland Bank & Trust
—
—
Taw Realty LLC
—
Loan Modification
related
—
—
—
Taw Realty LLC
—
Deed Of Trust
related
$254,000 · Amerimark Bank
—
—
Taw Realty LLC
—
Deed Of Trust
related
$9,727,500 · Inland Bank & Trust
—
—
Taw Realty LLC
—
Deed Of Trust
related
$727,500 · Inland Bank & Trust
—
—
Taw Realty LLC
—
Deed Of Trust
related
$11,727,500 · Inland 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.
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