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Property profile & analytics
OFF-MARKET
Estimated value
$16,755,000
Retail space
7700 Cabela Dr Hammond, IN 46324-2946
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US31-1181695
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
TYPE NOT SPECIFIED
Total area
133,120 SF
Lot
32.04 ac (1,395,662 SF)
APN
45-07-17-326-014.000-023
UPID
US31-1181695
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
-
Bass Pro Shops/Cabela’s Boating Center (Bike/Boat/Book/etc) Store
-
Sunglass Outfitters by Sunglass Hut (Bike/Boat/Book/etc) Store
-
Cabela's (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.74M
Comparable Approach
Comparable
$15.96M
Blend (final)
Blend
$16.76M
Owner & transaction history
Cf Bass II LLC · 2 yrs held
Cf Bass II LLC
since 2024
7 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 Hammond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hammond 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%
$21,380,000
6.5%
$19,735,000
7%
$18,325,000
Alternative Use
Use
Estimation
RETAIL STORES
$10,105,000
Current use
Blend value · Realmo final
$16.76M
Range $15.08M – $18.43M · ±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
$126 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$596,540
Tax year 2022
Assessed value
$15,403,400
Assessed 2023
Previous assessed
$15,403,400
+0.0% YoY
Effective rate
3.87%
On assessed value
Assessed land
$6,726,800
Assessed improvement
$8,676,600
Land market value
$6,726,800
Improvement market value
$8,676,600
Total market value
$15,403,400
Applied tax rate
23.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
133,120 SF
Lot
32.04 ac (1,395,662 SF)
APN
45-07-17-326-014.000-023
UPID
US31-1181695
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$10.1M
RETAIL STORES Current
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
2007
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
32.04 ac
Current owner
From public records · entity-resolved
Cf Bass II LLC
Entity
Mailing address
11611 SAN VICENTE BLVD FL, LOS ANGELES, CA 90049-5106
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
Mar 7, 2024
—
Cf Bass II LLC
Spt Prairie 7700 Cb Drive LLC
Assignment Of Lease (leasehold Sale)
$194,900,000 · Wells Fargo Bank NA
Feb 7, 2020
—
Buchanan Energy N LLC
—
Deed
related
$6,000,000 · Mirf Subsidiary Cde 2 LLC
Nov 21, 2018
—
Spt Prairie 7700 Cb Drive LLC
—
Deed
related
$194,900,000 · Wilmington Tr #2017- Gs8 (ce)
Nov 6, 2017
—
Spt Prairie 7700 Cb Drive LLC
Cabela S Wholesale INC
Special Warranty Deed
$389,800 · Goldman Sachs Mortgage Company
Nov 2, 2005
—
Cabelas Retail INC
Trust 3208
Grant Deed
—
—
—
Spt Prairie 7700 Cb Drive LLC
—
Loan Modification
related
$194,900,000 · Wilmington Tr #2017- Gs8 (ce)
—
—
Buchanan Energy N LLC
—
Deed Of Trust
related
$6,000,000 · Mirf Subsidiary Cde 2 LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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