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Property profile & analytics
FOR LEASE
Commercial real estate
14785 W 101St Ave Dyer, IN 46311
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-3233413
For Lease
1 / 2
$20 SF/Yr
14785 W 101St Ave, Dyer, IN 46311
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
33,000 SF
Lot
2.98 ac (129,809 SF)
APN
45-14-01-200-007.000-015
UPID
US31-3233413
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
-
Alternative Healing Works. L.L.C. Alternative Medicine Practice Acupuncture
-
Color Room Salon & Day Spa Hair Salon
-
Jagmin Dental of Indiana Dental Office
-
JASON ANDREW WILSON Alternative Medicine Practice Acupuncture
-
Arman Soleymani Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.25M
Owner & transaction history
Shi Naps LLC Series 2 · 1 yrs held
Shi Naps LLC Series 2
since 2025
5 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 Dyer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dyer 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
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±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
$38 / 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
$51,593
Tax year 2022
Assessed value
$2,241,700
Assessed 2023
Previous assessed
$2,433,800
-7.9% YoY
Effective rate
2.30%
On assessed value
Assessed land
$120,700
Assessed improvement
$2,121,000
Land market value
$120,700
Improvement market value
$2,121,000
Total market value
$2,241,700
Applied tax rate
15.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2006
Construction
TYPE NOT SPECIFIED
Stories
2
Total area
33,000 SF
Lot
2.98 ac (129,809 SF)
APN
45-14-01-200-007.000-015
UPID
US31-3233413
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
2006
Construction
TYPE NOT SPECIFIED
Stories
2
Lot
2.98 ac
Current owner
From public records · entity-resolved
Shi Naps LLC Series 2
Entity
Mailing address
8802 CALUMET AVE, SAINT JOHN, IN 46373-8006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
—
Shi Naps LLC Series 2
—
Deed
related
$800,000 · Triad Bank NA
Jul 9, 2024
—
Shi Naps LLC Series 2 Hanover II Bl
—
Deed
related
$764,926 · Triad Bank NA
Feb 9, 2023
—
Shi Naps LLC
—
Deed
related
$200,000 · Triad Bank NA
Aug 23, 2021
—
Shi Naps LLC
—
Deed
related
$3,835,160 · Lakeside Bank
May 7, 2021
—
Providence Christian Academy Assn I
—
Deed
related
$1,385,000 · Providence 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.
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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