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Property profile & analytics
OFF-MARKET
Commercial real estate
9307 Calumet Ave Munster, IN 46321-2891
Individually Owned
2-yr Hold
Free & Clear
Property ID
US31-0018750
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Construction
TYPE NOT SPECIFIED
Total area
20,220 SF
Lot
1.22 ac (53,143 SF)
APN
45-07-30-155-005.000-027
UPID
US31-0018750
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
-
A Donna Farin Do Physician
-
Sardesai Medical Physician
-
Psychiatric Psychological Services: Babu Sajja L DO Physician
-
Dr. Mary Zemansky Psychologist Physician Medical Clinic
-
Anrex Homecare Home Health Care Service
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
Community Foundation Of Northwest I · 2 yrs held
Community Foundation Of Northwest I
since 2024
Last sale
$200,000
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 Munster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Munster 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
$2,546
Tax year 2022
Assessed value
$105,600
Assessed 2023
Previous assessed
$94,700
+11.5% YoY
Effective rate
2.41%
On assessed value
Assessed land
$21,700
Assessed improvement
$83,900
Land market value
$21,700
Improvement market value
$83,900
Total market value
$105,600
Applied tax rate
27.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
3
Total area
20,220 SF
Lot
1.22 ac (53,143 SF)
APN
45-07-30-155-005.000-027
UPID
US31-0018750
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
1980
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
3
Lot
1.22 ac
Current owner
From public records · entity-resolved
Community Foundation Of Northwest I
Individual
Free & Clear · 2 yrs held
Mailing address
9307 CALUMET AVEF, MUNSTER, IN 46321-2891
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
—
Community Foundation Of Northwest I
Munster Medical Research Foundation
Warranty Deed
—
Aug 31, 2022
—
Majorca Equlty LLC
—
Deed
related
$314,271 · Peoples Bank
Nov 18, 2021
—
Janet F Watson
George E Watson
Deed
$723,300 · Peoples Bank
Jul 29, 2020
—
Majorca Equity LLC
—
Deed
related
—
Jul 6, 2020
—
Majorca Equity LLC
Munster Medical Research Foundation
Warranty Deed
—
May 11, 2020
—
Majorca Equity LLC
Daniel Kim
Warranty Deed
$500,000 · Peoples Bank Sb
Jul 5, 2019
—
Amy J Wadas
—
Deed
related
$500,000 · Peoples Bk
Dec 27, 2018
$325,000
Satish Patel
Shineta LLC
Grant Deed
—
Dec 19, 2011
—
Daniel Kim
Kim,daniel
Quit Claim Deed
related
—
Nov 23, 2011
—
Daniel Kim
Trust P-3339
Grant Deed
—
—
—
Majorca Equity LLC
—
Loan Modification
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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