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Financial
Distress signals
Property profile

2000 W Ridge Rd Gary, IN 46408

FOR SALE
Auto shops
Property ID
US31-0525995
3,088 SF 0.24 ac lot Built 1959
Last sale Dec 2008 · $40,001
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in Gary, Indiana, this commercial property is zoned for mixed-use and has historically been operated as an automotive business. The building contains approximately 3,088 square feet and includes five bays suitable for automotive work. Interior amenities include a dedicated office or secretary area, a customer waiting area, and a private restroom, with an additional restroom accessible from the exterior. The property sits on a 0.38-acre lot and includes an adjacent lot that increases the overall land area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value · 2023$43k
Assessed land$25k
Assessed improvement$19k
Effective rate3.06%

Value estimate

· Oct 2026
$210k
$189k – $231k
AI approach$270k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 9.43% cap applied$18k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
9.43%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.1
Law Firm14.7
Pharmacy12.0

Location

2000 W Ridge Rd Gary, IN 46408
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

13 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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