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Property profile & analytics
OFF-MARKET
Turn key restaurants
2410 Ontario St, Schererville, IN 46375-2700
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US31-3559959
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Construction
TYPE NOT SPECIFIED
Total area
3,360 SF
Lot
0.78 ac (34,107 SF)
Zoning code
R33
APN
45-11-20-226-020.000-036
UPID
US31-3559959
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
-
Pepino's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joseph Daniele · 21 yrs held
Joseph Daniele
since 2004
5 recorded transactions
Zoning & alternative use
R33 · Schererville, 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 Schererville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schererville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,301
Tax year 2022
Assessed value
$615,500
Assessed 2023
Previous assessed
$612,800
+0.4% YoY
Effective rate
1.84%
On assessed value
Assessed land
$195,800
Assessed improvement
$419,700
Land market value
$195,800
Improvement market value
$419,700
Total market value
$615,500
Applied tax rate
36.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
3,360 SF
Lot
0.78 ac (34,107 SF)
Zoning code
R33
APN
45-11-20-226-020.000-036
UPID
US31-3559959
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
R33 · Schererville, IN
Zoning R33 · permitted uses
R33 · Schererville, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Schererville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Joseph Daniele
Individual
Mailing address
2304 COWAN CT, SCHERERVILLE, IN 46375-3069
Ownership since
2004
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
Sep 5, 2018
—
Joseph Daniele
—
Deed
related
$325,000 · First Midwest Bank
Oct 1, 2004
—
Joseph Daniele
Kortenhoven,richard J
Warranty Deed
$120,000 · Bank Calumet NA
—
—
Joseph Daniele
—
Deed Of Trust
related
$216,000 · First Midwest Bank
—
—
Joseph Daniele
—
Loan Modification
related
—
—
—
Joseph Daniele
—
Deed Of Trust
related
$358,723 · First Midwest 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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