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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Office Spaces
2200 Main St Crown Point, IN 46307-1802
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US31-3463363
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1975
Construction
TYPE NOT SPECIFIED
Total area
17,772 SF
Lot
1.8 ac (78,364 SF)
APN
45-12-32-201-003.000-029
UPID
US31-3463363
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
-
Momentum Church Crown Point Church
-
Momentum Daycare Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.30M
Owner & transaction history
Momentum Church INC · 4 yrs held
Momentum Church INC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.9M
+63.4%
Retail stores
$1.4M
+19.2%
Warehouse, storage
$1.3M
+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 Crown Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crown Point 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,130,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,850,000
Change: +63% · Conversion: Moderate
RETAIL STORES
$1,350,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$1,325,000
Change: +17% · Conversion: Difficult
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
$73 / 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
$28,609
Tax year 2022
Assessed value
$1,155,500
Assessed 2023
Previous assessed
$1,150,000
+0.5% YoY
Effective rate
2.48%
On assessed value
Assessed land
$592,100
Assessed improvement
$563,400
Land market value
$592,100
Improvement market value
$563,400
Total market value
$1,155,500
Applied tax rate
29.0000
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
1975
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
17,772 SF
Lot
1.8 ac (78,364 SF)
APN
45-12-32-201-003.000-029
UPID
US31-3463363
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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
1975
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
Momentum Church INC
Entity
Mailing address
PO BOX 19700, IRVINE, CA 92623-9700
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2022
—
Momentum Church INC
On Broadway Company INC
Warranty Deed
$732,000 · Momentum Church INC
Jan 9, 2018
$800,000
Momentum Church INC
On Broadway Co INC
Grant Deed
—
Jan 9, 2018
—
Momentum Church INC
—
Deed
related
$720,000 · On Broadway Co INC
Dec 27, 2017
$800,000
Momentum Church INC
On Broadway Co INC
Dual Purpose Document
related
$720,000 · On Broadway Co INC
Nov 19, 2012
—
Lake County Trust Co
Nancy L Gregor
Quit Claim Deed
related
—
Feb 13, 2009
—
Trust 6024
Trust 4631
Quit Claim Deed
related
$616,000 · Horizon Bank
Dec 26, 2008
—
Trust 6022
Kerr,michael J
Grant Deed
related
—
Aug 9, 2005
—
Trust 5471
Trust 2026
Quit Claim Deed
related
—
Oct 28, 2004
—
Frank Debartolo
Trust 10314
Grant Deed
$50,830 · Peoples Bank
Jul 2, 2004
—
Nationwide Corp
Heidbreder INC
Grant Deed
related
—
—
—
Momentum Church INC
—
Deed Of Trust
related
$720,000 · On Broadway Co INC
—
—
Trust 5604
—
Deed Of Trust
related
$320,000 · Park National Bank
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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