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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Bowling alleys
8101 Kennedy Ave, Highland, IN 46322-1128
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US31-0410123
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1960
Construction
TYPE NOT SPECIFIED
Total area
55,220 SF
Lot
1.88 ac (82,067 SF)
APN
45-07-21-201-001.000-026
UPID
US31-0410123
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
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Sce Rc Funding IV LLC · 2 yrs held
Sce Rc Funding IV 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 Highland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland 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
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$13 / 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
$23,038
Tax year 2022
Assessed value
$1,302,900
Assessed 2023
Previous assessed
$1,302,900
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$163,000
Assessed improvement
$1,139,900
Land market value
$163,000
Improvement market value
$1,139,900
Total market value
$1,302,900
Applied tax rate
26.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1960
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
55,220 SF
Lot
1.88 ac (82,067 SF)
APN
45-07-21-201-001.000-026
UPID
US31-0410123
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
1960
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.88 ac
Current owner
From public records · entity-resolved
Sce Rc Funding IV LLC
Entity
Mailing address
563 BIELENBERG DR STE #115, SAINT PAUL, MN 55125-4426
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
—
Sce Rc Funding IV LLC
Triple Shift Entertainment LLC
Special Warranty Deed
—
Feb 1, 2024
—
Triple Shift Entertainment LLC
Mv 2018 LLC
Warranty Deed
—
Sep 4, 2015
—
Mv 2018 LLC
Trust 1001
Grant Deed
—
Jun 8, 2009
—
Pihulic Trust 1001
—
Trustees Deed
related
$285,000 · Centier Bank
Apr 14, 2004
—
Trust 1001
—
Trustees Deed
related
$500,000 · Mercantile Nat'l Bank Indiana
—
—
Pihulic Trust 1001
—
Deed Of Trust
related
$475,000 · Centier Bank
—
—
Pihulic Trust 1001
—
Deed Of Trust
related
$1,677,250 · Centier Bank
—
—
Pihulic Trust 1001
—
Deed Of Trust
related
$289,000 · Regional Development Co
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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