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Property profile & analytics
OFF-MARKET
Estimated value
$4,205,000
Office Spaces
13620 Wicker Ave Cedar Lake, IN 46303-9086
Individually Owned
8-yr Hold
Free & Clear
Property ID
US31-1072685
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1958
Construction
WOOD
Total area
34,325 SF
Lot
7.9 ac (344,124 SF)
APN
45-15-29-277-015.000-014
UPID
US31-1072685
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
-
Bethel Church Church
-
Community Bible Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.23M
Comparable Approach
Comparable
$3.21M
Blend (final)
Blend
$4.21M
Owner & transaction history
Denise D Ambroz · 8 yrs held
Denise D Ambroz
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.6M
+19.2%
Warehouse, storage
$2.6M
+17.1%
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 Cedar Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Lake 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%
$5,665,000
6.5%
$5,230,000
7%
$4,855,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,605,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$2,560,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$4.21M
Range $3.78M – $4.63M · ±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
$123 / 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
$113,242
Tax year 2022
Assessed value
$4,259,300
Assessed 2023
Previous assessed
$4,278,800
-0.5% YoY
Effective rate
2.66%
On assessed value
Assessed land
$616,200
Assessed improvement
$3,643,100
Land market value
$616,200
Improvement market value
$3,643,100
Total market value
$4,259,300
Applied tax rate
14.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
NONE
Stories
3
Rooms
5
Bathrooms
1
Total area
34,325 SF
Lot
7.9 ac (344,124 SF)
APN
45-15-29-277-015.000-014
UPID
US31-1072685
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
RETAIL STORES
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.6M
RETAIL STORES
WAREHOUSE, STORAGE
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
1958
Construction
WOOD
Heating
NONE
Stories
3
Rooms
5
Bathrooms
1
Lot
7.9 ac
Current owner
From public records · entity-resolved
Denise D Ambroz
Individual
Free & Clear · 8 yrs held
Mailing address
10202 BROADWAY, CROWN POINT, IN 46307-8001
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2018
—
Denise D Ambroz
Bethel Church & Ministries INC
Quit Claim Deed
related
—
Feb 5, 2018
—
Matthew R Kozlowski
—
Trustees Deed
related
$371,000 · Peoples Bk
Nov 9, 2017
$70,000
Matthew R Kozlowski
Bethel Church & Ministries INC
Warranty Deed
—
Dec 30, 2013
—
Bethel Church & Ministries INC
Community Bible Ch Of Cedar Lake
Grant Deed
related
—
Dec 12, 2013
—
Bethel Church & Ministries INC
Community Bible Ch Of Cedar Lake
Warranty Deed
related
—
Mar 13, 2006
—
Community Bible Church
Watt Properties LLC
Warranty Deed
related
—
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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