New search
Property profile & analytics
OFF-MARKET
Estimated value
$18,435,000
Warehouses
6750 Daniel Burnham Dr, Portage, IN 46368-1870
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-3537189
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Construction
TYPE NOT SPECIFIED
Total area
511,056 SF
Lot
31.38 ac (1,366,913 SF)
APN
64-06-06-200-001.000-016
UPID
US31-3537189
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
-
MCP USA, Inc. Industrial Manufacturer Production Facility
-
Hosley Home Decor Store Department Store
-
MSI Express, Inc. Warehouse & Storage
-
Tosca Service Center Industrial Manufacturer Factory
-
18Karat Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.61M
Blend (final)
Blend
$18.44M
Owner & transaction history
Nw Indiana Spe LLC · 1 yrs held
Nw Indiana Spe LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$30.3M
+20.0%
Auto repair, garage
$30.0M
+18.7%
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 Portage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portage 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
WAREHOUSE, STORAGE
$25,240,000
Current use
MEDICAL BUILDING
$30,280,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$29,970,000
Change: +19% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$22,100,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$18.44M
Range $16.59M – $20.28M · ±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
$36 / 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
$442,065
Tax year 2023
Assessed value
$20,458,200
Assessed 2023
Previous assessed
$20,458,200
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$2,391,200
Assessed improvement
$18,067,000
Land market value
$2,391,200
Improvement market value
$18,067,000
Total market value
$20,458,200
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
511,056 SF
Lot
31.38 ac (1,366,913 SF)
APN
64-06-06-200-001.000-016
UPID
US31-3537189
Jurisdiction
PORTER
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
WAREHOUSE, STORAGE Current
Est. value
$25.2M
MEDICAL BUILDING
Est. value
$30.3M
AUTO REPAIR, GARAGE
Est. value
$30.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.1M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2003
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
31.38 ac
Current owner
From public records · entity-resolved
Nw Indiana Spe LLC
Entity
Mailing address
18881 VON KARMAN AVE STE #800, NEW YORK, NY 10017
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2024
—
Nw Indiana Spe LLC
Chicago Industrial Ll LLC
Special Warranty Deed
$25,000,000 · New York Life Insurance Company
Nov 18, 2019
—
Chicago Industrial Ll LLC
Taurus Midwest Industrial Portfolio
Special Warranty Deed
$208,000,000 · Bank Of America NA
Jun 8, 2018
$27,190,000
Taurus Midwest Indl Portfolio
G & I Viii Vk II Portage LLC
Grant Deed
—
Sep 17, 2014
—
G & I Vii Vk II Portage LLC
—
Grant Deed
related
$8,300,000 · Wells Fargo Bk
Sep 15, 2014
—
G & I Viii Vk II Portage LLC
—
Grant Deed
related
$8,300,000 · Wells Fargo Bk
Aug 5, 2014
—
G & I Viii Vk II Portage LLC
Lincoln Natl Life Ins
Grant Deed
related
—
Oct 12, 2004
—
Lincoln National Life Ins Co
Ameriplex Northwest Ptrs
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6750 Daniel Burnham Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
