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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Warehouses
4499 425th E Rolling Prairie, IN 46371
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US31-2784489
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1975
Construction
WOOD
Total area
7,503 SF
Lot
9.6 ac (418,045 SF)
APN
46-07-11-252-020.000-052
UPID
US31-2784489
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$486k
Blend (final)
Blend
$510k
Owner & transaction history
T A C A LLC · 19 yrs held
T A C A LLC
since 2006
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$545,000
+98.7%
Retail stores
$520,000
+89.5%
Auto repair, garage
$500,000
+82.0%
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 Rolling Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rolling Prairie 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
$330,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$495,000
Alternative Use
Use
Estimation
RESTAURANT
$545,000
Change: +99% · Conversion: Difficult
RETAIL STORES
$520,000
Change: +89% · Conversion: Moderate
AUTO REPAIR, GARAGE
$500,000
Change: +82% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$485,000
Change: +76% · Conversion: Difficult
COMMERCIAL (GENERAL)
$485,000
Change: +76% · Conversion: Difficult
MEDICAL BUILDING
$430,000
Change: +57% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$305,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$68 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,975
Tax year 2023
Assessed value
$692,800
Assessed 2023
Previous assessed
$692,800
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$165,600
Assessed improvement
$527,200
Land market value
$165,600
Improvement market value
$527,200
Total market value
$692,800
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
7,503 SF
Lot
9.6 ac (418,045 SF)
APN
46-07-11-252-020.000-052
UPID
US31-2784489
Jurisdiction
LA PORTE
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
RESTAURANT
Est. value
$545,000
RETAIL STORES
Est. value
$520,000
AUTO REPAIR, GARAGE
Est. value
$500,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$485,000
COMMERCIAL (GENERAL)
Est. value
$485,000
MEDICAL BUILDING
Est. value
$430,000
INDUSTRIAL (GENERAL)
Est. value
$305,000
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
9.6 ac
Current owner
From public records · entity-resolved
T A C A LLC
Entity
Mailing address
PO BOX 127, ROLLING PRAIRIE, IN 46371-0127
Ownership since
2006
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
Nov 27, 2024
—
T A C A LLC
—
Deed
related
$1,250,000 · Horizon Bank NA
Dec 21, 2017
—
Taca LLC
—
Deed
related
$464,733 · Horizon Bank
Jul 27, 2016
—
Taca LLC
—
Deed
related
$971,300 · Horizon Bank NA
Jul 25, 2006
—
T A C A LLC
T A C A LLC
Quit Claim Deed
related
$806,646 · 1st Source Bank
Feb 24, 2006
—
T A C A Properties LLC
David E Surma
Warranty Deed
—
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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