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    Property profile & analytics

    2330 Pennsylvania St Gary, IN 46407-3132

    • Theaters & concert halls
    • 3,649 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US31-0567420
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • New Faith OutreachMinistries / Place Of Worship
    • New Destiny Fellowship Church / Baptist Church

    Property Details for 2330 Pennsylvania St

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.14 lot acres
    Property size
    3,649 SF
    Property type
    Theaters & concert halls
    APN
    45-08-15-153-029.000-004
    APU
    450815153029000004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $410,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $380,000
      Mixed-Use
      $390,000
      Hospitality
      $405,000
      Educational
      $360,000
      Residential Income
      $400,000
      Energy
      $345,000
      Income-Based Land
      $360,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3336
    Latitude
    41.5761
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,301
    $6,200
    $56,200
    $62,400
    -
    $6,200
    $56,200
    $62,400

    Comparable in this City

    • Value Estimation
      $245,000
      760 SF

      1405 21st Ave

      THEATER (MOVIE) • 760 SF
      1405 21st Ave, Gary, IN 46407-2808
      View Details
    • Value Estimation
      $335,000
      2,191 SF

      1505 25th Ave

      THEATER (MOVIE) • 2,191 SF
      1505 25th Ave, Gary, IN 46407-3436
      View Details
    • Value Estimation by Request
      4,156 SF

      1000 21st Ave, Unit 12

      THEATER (MOVIE) • 4,156 SF
      1000 21st Ave, Gary, IN 46407-2815
      View Details
    • Value Estimation by Request
      3,760 SF

      1217 25th Ave

      THEATER (MOVIE) • 3,760 SF
      1217 25th Ave, Gary, IN 46407-3429
      View Details
    • Value Estimation
      $460,000
      9,420 SF

      1300 15th Ave, Unit 14

      THEATER (MOVIE) • 9,420 SF
      1300 15th Ave, Gary, IN 46407-1016
      View Details
    • Value Estimation
      $285,000
      3,225 SF

      2352 Polk St, Unit 58

      THEATER (MOVIE) • 3,225 SF
      2352 Polk St, Gary, IN 46407-3422
      View Details

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    • Contact for pricing

      Land Available in Gary, Indiana

      Land for sale at 2301 Broadway, Gary, Indiana.
      2301 Broadway, Gary, IN 46407
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    • Contact for pricing
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      Vacant lot with utilities ready for dream home construction.
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    2330 Pennsylvania St
    Gary, IN 46407-3132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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