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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Warehouses
211 Main St Griffith, IN 46319-2203
Entity Owned
6-yr Hold
Free & Clear
Property ID
US31-0839424
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
TYPE NOT SPECIFIED
Total area
43,423 SF
Lot
4.74 ac (206,344 SF)
Zoning code
R33
APN
45-11-02-102-003.000-006
UPID
US31-0839424
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
-
Midwest Machinery & Automation Industrial Manufacturer Production Facility
-
New Supplies Co. Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.28M
Owner & transaction history
Aurelio III LLC · 6 yrs held
Aurelio III LLC
since 2020
7 recorded transactions
Zoning & alternative use
R33 · Griffith, IN
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 Griffith submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffith 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
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±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
$29 / 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
$35,222
Tax year 2022
Assessed value
$1,310,700
Assessed 2023
Previous assessed
$1,302,100
+0.7% YoY
Effective rate
2.69%
On assessed value
Assessed land
$295,600
Assessed improvement
$1,015,100
Land market value
$295,600
Improvement market value
$1,015,100
Total market value
$1,310,700
Applied tax rate
6.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Stories
1
Rooms
7
Bathrooms
2
Total area
43,423 SF
Lot
4.74 ac (206,344 SF)
Zoning code
R33
APN
45-11-02-102-003.000-006
UPID
US31-0839424
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
R33 · Griffith, INZoning R33 · permitted uses
R33 · Griffith, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
2
Rooms
7
Bathrooms
2
Lot
4.74 ac
Current owner
From public records · entity-resolved
Aurelio III LLC
Entity
Free & Clear · 6 yrs held
Mailing address
211 W MAIN ST, GRIFFITH, IN 46319-2203
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2022
—
Aurello III LLC
—
Deed
related
$1,000,000 · Peoples Bank
Jan 6, 2021
—
Aurelio III LLC
—
Deed Of Trust
related
$1,200,000 · Peoples Bk
Jul 30, 2020
—
Aurelio III LLC
Aurelio LLC
Correction Deed
related
—
Jun 5, 2020
—
Aurelio LLC
Aurelio LLC
Quit Claim Deed
related
—
May 22, 2014
—
Aurelio II LLC
Aurelio LLC
Quit Claim Deed
related
—
Apr 24, 2014
—
Aurelio LLC
—
Trustees Deed
related
$300,000 · First Midwest Bk
Feb 14, 2014
—
Aurelio LLC
Towner,donald A
Grant Deed
related
—
Dec 4, 2013
—
Aurelio LLC
Bakker Produce INC
Grant Deed
—
—
—
Aurelio LLC
—
Loan Modification
related
$2,700,000 · First Midwest 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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