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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Retail space
1918 165th St Hammond, IN 46320-2839
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US31-1564247
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
TYPE NOT SPECIFIED
Total area
9,900 SF
Lot
1.52 ac (66,037 SF)
Zoning code
R3
APN
45-07-08-126-010.000-023
UPID
US31-1564247
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
-
Domino's Pizza Take-out & Catering
-
Xfinity Store by Comcast Branded Partner Telecommunications Service Data Center
-
Everwise - Drive-up & ATM Only Credit Union
-
The Brow and Lash Studio Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.47M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.30M
Owner & transaction history
Crosroads Young Men S Christian Ass · 4 yrs held
Crosroads Young Men S Christian Ass
since 2022
5 recorded transactions
Zoning & alternative use
R3 · Hammond, IN
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,590,000
6.5%
$1,470,000
7%
$1,365,000
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±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
$131 / 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
$127,081
Tax year 2022
Assessed value
$1,979,900
Assessed 2023
Previous assessed
$1,836,300
+7.8% YoY
Effective rate
6.42%
On assessed value
Assessed land
$404,800
Assessed improvement
$1,575,100
Land market value
$404,800
Improvement market value
$1,575,100
Total market value
$1,979,900
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
9,900 SF
Lot
1.52 ac (66,037 SF)
Zoning code
R3
APN
45-07-08-126-010.000-023
UPID
US31-1564247
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
R3 · Hammond, IN
Zoning R3 · permitted uses
R3 · Hammond, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hammond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.52 ac
Current owner
From public records · entity-resolved
Crosroads Young Men S Christian Ass
Individual
Mailing address
100 W BURRELL DR, CROWN POINT, IN 46307-9040
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2022
—
Crosroads Young Men S Christian Ass
Prairie Common Holdings II LLC
Special Warranty Deed
—
Jun 4, 2019
—
Prairie Common Holdings II LLC
—
Deed
related
$1,450,000 · Cibc Bk USA
Apr 11, 2019
—
Prairie Common Holdings LLC
—
Deed
related
$1,450,000 · Cibc Bank USA
Dec 28, 2012
—
Prairie Common Holdings II LLC
Woodmar Hammond LLC
Warranty Deed
related
$1,500,000 · T2 Woodmar II LLC
—
—
Prairie Common Holdings II LLC
—
Loan Modification
related
$1,450,000 · Cibc Bk USA
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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