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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Auto shops
Us Hwy 24 Remington, IN 47977
Entity Owned
Free & Clear
Property ID
US31-2580316
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2008
Construction
WOOD
Total area
11,484 SF
Lot
10.71 ac (466,397 SF)
Zoning code
BUFF
APN
37-02-28-000-007.000-037
UPID
US31-2580316
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
I65 TRUCK & ACCESSORIES SALES LLC
I65 TRUCK & ACCESSORIES SALES LLC
Zoning & alternative use
BUFF · Remington, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+63.0%
Restaurant
$1.0M
+46.3%
Medical building
$880,000
+26.5%
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 Remington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Remington 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
AUTO REPAIR, GARAGE
$700,000
Current use
COMMERCIAL (GENERAL)
$1,135,000
Change: +63% · Conversion: Moderate
RESTAURANT
$1,020,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$880,000
Change: +26% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$830,000
Change: +19% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$795,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$615,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$61 / 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
$10,941
Tax year 2023
Assessed value
$911,700
Assessed 2023
Previous assessed
$911,700
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$346,700
Assessed improvement
$565,000
Land market value
$346,700
Improvement market value
$565,000
Total market value
$911,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2008
Construction
WOOD
Buildings
2
Stories
1
Total area
11,484 SF
Lot
10.71 ac (466,397 SF)
Zoning code
BUFF
APN
37-02-28-000-007.000-037
UPID
US31-2580316
Jurisdiction
JASPER
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
BUFF · Remington, INZoning BUFF · permitted uses
BUFF · Remington, IN
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
AUTO REPAIR, GARAGE Current
Est. value
$700,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$880,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
RETAIL STORES
Est. value
$830,000
INDUSTRIAL (GENERAL)
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$615,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
2008
Construction
WOOD
Stories
1
Buildings
2
Lot
10.71 ac
Current owner
From public records · entity-resolved
I65 TRUCK & ACCESSORIES SALES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 568, REMINGTON, IN 47977-0568
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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