Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5020 W 45Th Ave Gary, IN 46408

    New
    For Lease
    $2,736 /Mo ($9 SF/Yr)

    Warehouse - Gary, IN

    Type:Single Family Residence
    Property size:
    3,648 SF
    Lot size:
    0.31 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 5020 W 45Th Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    450725453016000001
    Parking features
    Garage, Paved or Surfaced
    Exterior features
    Lighting
    Size
    3,648 SF
    Lot size
    0.31 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1976
    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Michael Becze (219) 322-5508 License #RB22000047

    Listing date Dec 3, 2025

    MLS# 831496 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warehouse Space in Gary, Indiana

    This warehouse space in Gary, Indiana, features a 9' clear height, metal pole-frame construction, and a concrete slab floor. The 3,648 square feet property includes a half-bath and warehouse heat, making it suitable for a wide range of light industrial, contractor, storage, or service uses. Situated on a 0.31-acre lot, the property provides a generous outdoor area for parking, equipment, or material staging. Easy access to major Northwest Indiana transportation routes ensures convenient logistics and mobility for users. It is a practical and cost-effective solution for businesses needing straightforward warehouse or shop space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tom's Tire Services Tire Shop

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Clothing Store Gym & Fitness Auto Repair Shop Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.400233
    Latitude
    41.538094

    Nearby Similar for Lease

    • $3,000 /Mo
      5,093 SF

      Gary, IN Retail Opportunity

      Bar/Restaurant retail space available for lease in Gary, IN.
      2715 W Ridge Rd, Gary, IN 46408
      View Details
    • $3,300 /Mo
      2,605 SF

      Professional Office Near Train Station

      Move-in ready office space near South Shore train station.
      5528 E Melton Rd, Gary, IN 46403
      View Details
    • $5,000 /Mo
      8,000 SF

      Spacious Warehouse with Yard Access

      8000 SF warehouse for rent with shared yard access.
      2801 W 9Th Ave, Gary, IN 46404
      View Details
    • $1,800 /Mo
      17,412 SF

      Office Space in Merrillville, IN

      Office suite with great windows, water, and private restroom.
      8300 Broadway, Merrillville, IN 46410
      View Details
    • $16,458 /Mo
      10,000 SF

      Spacious Office Near I-65

      10,000 SQFT office space with 30+ offices near I-65.
      8396 Mississippi St, Merrillville, IN 46410
      View Details
    • $38 SF/Yr
      2,697 SF

      Purdue Technology Center Office Space

      State-of-the-art office and lab space for rent.
      9800 Connecticut Dr, Merrillville, IN
      View Details

    FAQs

    What type of property is this?
    Warehouse - Versatile warehouse space with ample outdoor area and convenient access.
    Where is this warehouse located?
    The property is located at 5020 W 45Th Ave Gary, IN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Large industrial parcel provides generous outdoor area.; - Easy access to major Northwest Indiana transportation routes.; - 9' clear height and concrete slab floor.
    (219) 322-5508
    Request Owner's contact information
    5020 W 45Th Ave Gary, IN 46408
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5020 W 45Th Ave
    Gary, IN 46408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5020 W 45Th Ave Gary, IN 46408
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.