Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    516 Meadow Brooke Lane Dyer, IN 46311

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 516 Meadow Brooke Lane, Dyer, IN
    Pending
    $165,000

    LAND - Dyer, IN

    Lot size:
    0.54 Acres
    Added:
    Nov 15, 2025
    Days on Market:
    164
    Last Refresh:
    Apr 28 at 3:06 am

    Property Features for 516 Meadow Brooke Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    451024453005000034
    Lot size
    0.54 Acres

    Taxes and HOA fees

    Tax Year
    2024

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Pond
    Water front
    1

    We can help!

    Listing Contact
    Tiffany Dowling
    Tiffany Dowling

    Listing agent Tiffany Dowling License #RB14050408

    Listing office Keller Williams Preferred Real 16101 108th Ave, Schererville, IN

    Listing date Nov 15, 2025

    MLS# 830847 Listing URL

    Copyright © 2026 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

    Premium Cul-De-Sac Lot in Dyer

    This 0.54-acre lot is located in Meadow Brooke, a new development in Northwest Indiana. The property features rolling hills, meadows, and wildlife. Situated on a cul-de-sac, this premium lot is suitable for building a new home. The location provides Lake Michigan water, easy access to Illinois, and proximity to schools. Additional building requirements are available upon request.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Dyer
    County
    Lake
    State
    Indiana
    Longitude
    -87.515343
    Latitude
    41.465719

    Nearby Similar for Sale

    • $419,900

      Versatile Land with Commercial Potential

      Vacant land suitable for commercial or residential development.
      1211 Joliet Street, Dyer, IN 46311
      View Details
    • $749,900
      3,970 SF

      Dyer Commercial Building For Sale

      Turnkey restaurant/bar on 0.68 acres in Dyer, Indiana.
      1209 Sheffield Avenue, Dyer, IN 46311
      View Details
    • $769,900
      3,970 SF

      Dyer Commercial Building on Sheffield

      Versatile commercial building suitable for various business uses.
      1209 Sheffield Avenue, Dyer, IN 46311
      View Details
    • $385,000

      Prime Dyer Location Land

      High-visibility land in Dyer, suitable for various commercial uses.
      1451 Joliet Street, Dyer, IN 46311
      View Details
    • $419,900

      Versatile Vacant Land Opportunity

      Vacant land with commercial and residential potential in Dyer, IN.
      1211 Joliet Street, Dyer, IN 46311
      View Details
    • $355,000
      2,547 SF

      Former Bank Building with Drive-Thru

      2547 SF former bank with drive-thru on corner lot.
      1300 Sheffield Ave, Dyer, IN 46311
      View Details
    • $449,999
      2,880 SF

      Salon and Historical Building For Sale

      Thriving salon business and historical building in prime location.
      2012 Hart Street, Dyer, IN 46311
      View Details
    • $48,000

      Vacant Land in Dyer, IN

      Vacant land with possibilities in Dyer, Indiana.
      14207 Jay Street, Dyer, IN 46311
      View Details
    • $699,000

      Dyer Commercial Property on Joliet

      Versatile 2,644 SF property suitable for offices or retail.
      1275 Joliet St, Dyer, IN
      View Details
    • $170,000

      Scenic Land in Whispering Woods

      Approximately 11 acres in scenic Whispering Woods, Dyer, Indiana.
      14566 W 86th Place, Dyer, IN 46311
      View Details
    • $3,600,000
      42,165 SF

      Spacious Commercial Building in Dyer

      42,165 SF building on 2.85 acres in Dyer, Indiana.
      14914 W 101st Ave, Dyer, IN
      View Details
    • $523,820
      2,548 SF

      Dyer Office Space For Rent

      Office space available for lease in Dyer, Indiana.
      425 Joliet St, Dyer, IN
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Exclusive new development with rolling hills and meadows.
    Where is this residential land & home lot located?
    The property is located at 516 Meadow Brooke Lane Dyer, IN.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Exclusive new development in Northwest Indiana with beautiful views and an unbeatable location.; Premium cul‑de‑sac lot with desirable rolling hills, meadows, and wildlife.; Easy access to Illinois for commuting.
    (219) 808-7584
    We can help!
    Listing Contact
    Tiffany Dowling
    Tiffany Dowling
    Real Estate License ID: RB14050408
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!