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Property profile & analytics
OFF-MARKET
Showrooms
11171 Virginia St, Crown Point, IN 46307-0083
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US31-1794077
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2017
Construction
WOOD
Total area
10,368 SF
Lot
0.98 ac (42,689 SF)
APN
45-16-10-179-003.000-042
UPID
US31-1794077
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
Rdm IV LLC · 4 yrs held
Rdm IV LLC
since 2021
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 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
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
$7,500
Tax year 2022
Assessed value
$452,800
Assessed 2023
Previous assessed
$464,200
-2.5% YoY
Effective rate
1.66%
On assessed value
Assessed land
$163,400
Assessed improvement
$289,400
Land market value
$163,400
Improvement market value
$289,400
Total market value
$452,800
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2017
Construction
WOOD
Heating
NONE
Stories
1
Total area
10,368 SF
Lot
0.98 ac (42,689 SF)
APN
45-16-10-179-003.000-042
UPID
US31-1794077
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
2017
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Rdm IV LLC
Entity
Mailing address
PO BOX 1097, CROWN POINT, IN 46308-1097
Ownership since
2021
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
Jul 16, 2024
—
Rdm IV LLC
—
Deed
related
$2,264,000 · First Merchants Bank
Sep 14, 2021
—
Rdm IV LLC
Crown East Wareshouses LLC
Quit Claim Deed
related
—
Aug 27, 2020
—
Crown East Warehouse LLC
—
Deed
related
$1,500,000 · First Merchants Bk
May 21, 2018
—
Crown East Warehouses LLC
—
Grant Deed
related
$1,500,000 · First Merchants Bk
May 31, 2017
—
Crown East Warehouses LLC
—
Deed
related
$800,000 · First Merchants Bk
Jun 9, 2015
—
Crown East Warehouses LLC
Rdm I LLC
Quit Claim Deed
related
—
Apr 15, 2015
—
Rdm I LLC
Evorik Scott D
Warranty Deed
—
Feb 9, 2015
—
Scott D Evorik
Evorik John J & Pamela J
Quit Claim Deed
related
—
—
—
Crown East Warehouses LLC
—
Deed Of Trust
related
$800,000 · First Merchants Bk
—
—
Crown East Warehouse LLC
—
Loan Modification
related
$1,500,000 · First Merchants Bk
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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