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Property profile & analytics
OFF-MARKET
Auto shops
5970 Broadway Merrillville, IN 46410-2618
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US31-0523646
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Construction
TYPE NOT SPECIFIED
Total area
3,170 SF
Lot
0.45 ac (19,646 SF)
APN
45-12-04-479-027.000-030
UPID
US31-0523646
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
-
Oddysee Autoworks Auto Repair Shop
-
Best Exhaust Mechanic Auto Repair Shop
-
BADEA BEST EXHAUST Auto Repair Shop
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
Ali Hasan · 4 yrs held
Ali Hasan
since 2022
5 recorded transactions
Zoning & alternative use
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 Merrillville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Merrillville 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
$8,040
Tax year 2022
Assessed value
$391,000
Assessed 2023
Previous assessed
$384,900
+1.6% YoY
Effective rate
2.06%
On assessed value
Assessed land
$230,600
Assessed improvement
$160,400
Land market value
$230,600
Improvement market value
$160,400
Total market value
$391,000
Applied tax rate
30.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
3,170 SF
Lot
0.45 ac (19,646 SF)
APN
45-12-04-479-027.000-030
UPID
US31-0523646
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
Building & site characteristics
From public records
Year built
1985
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Ali Hasan
Individual
Free & Clear · 4 yrs held
Mailing address
211 GRACE CT, CROWN POINT, IN 46307-4812
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2022
—
Ali Hasan
Community 2 LLC
Contract Sale
—
May 26, 2022
—
Community 2 LLC
Jst Properties LLC
Warranty Deed
$158,950 · Peoples Bank
Oct 25, 2019
—
Jst Properties LLC
—
Trustees Deed
related
$100,000 · Peoples Bk
Feb 22, 2018
—
Jst Properties LLC
Vsouth LLC
Warranty Deed
$212,000 · Peoples Bank Sb
Jan 13, 2010
—
Anorth LLC
Vap LLC
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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