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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Industrial properties
1110 Smt St Crown Point, IN 46307-2729
Individually Owned
6-yr Hold
Free & Clear
Property ID
US31-3559418
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2022
Construction
TYPE NOT SPECIFIED
Total area
11,800 SF
Lot
2.55 ac (110,947 SF)
APN
45-16-04-153-015.000-042
UPID
US31-3559418
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
-
LGS Plumbing Inc Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$649k
Blend (final)
Blend
$685k
Owner & transaction history
Daniel G Smith · 6 yrs held
Daniel G Smith
since 2020
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$995,000
+119.4%
Auto repair, garage
$785,000
+73.6%
Retail stores
$595,000
+31.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$455,000
Current use
RESTAURANT
$995,000
Change: +119% · Conversion: Difficult
AUTO REPAIR, GARAGE
$785,000
Change: +74% · Conversion: Easy
RETAIL STORES
$595,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$520,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$485,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$460,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$58 / 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
$7,954
Tax year 2022
Assessed value
$1,297,600
Assessed 2023
Previous assessed
$332,800
+289.9% YoY
Effective rate
0.61%
On assessed value
Assessed land
$420,300
Assessed improvement
$877,300
Land market value
$420,300
Improvement market value
$877,300
Total market value
$1,297,600
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2022
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
11,800 SF
Lot
2.55 ac (110,947 SF)
APN
45-16-04-153-015.000-042
UPID
US31-3559418
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$455,000
RESTAURANT
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$785,000
RETAIL STORES
Est. value
$595,000
COMMERCIAL (GENERAL)
Est. value
$520,000
MEDICAL BUILDING
Est. value
$485,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$460,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
2.55 ac
Current owner
From public records · entity-resolved
Daniel G Smith
Individual
Free & Clear · 6 yrs held
Mailing address
1110 E SMT ST, CROWN POINT, IN 46307-2729
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2020
—
Daniel G Smith
Sandra K Smith
Quit Claim Deed
related
—
Mar 29, 2005
—
Larry G Smith
Breuckman,peter H & Hetty
Warranty Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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