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    3400 Sheffield Ave Hammond, IN 46327

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    For Sale
    $1,125,000

    13.15 acres of industrial land suitable for outside storage.

    Property size:
    13 SF
    Lot size:
    13.15 Acres

    Property Features for 3400 Sheffield Ave

    General Information

    Size
    13 SF
    Lot size
    13.15 Acres

    Source: John Basile Agent John Basile

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Land with Outside Storage

    This industrial land encompasses approximately 13.15 acres and is zoned I-2. The site benefits from existing water, sewer, and electricity connections. Currently, 2.39 acres are graveled and fenced, with potential for expansion. The zoning permits outside storage and truck parking. Its location offers immediate access to I-90 and is less than 20 miles from downtown, with close proximity to multiple trucking terminals. The real estate taxes are $16,394.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.514973
    Latitude
    41.652891

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    FAQs

    What type of property is this?
    Industrial land - 13.15 acres of industrial land suitable for outside storage.
    Where is this industrial land located?
    The property is located at 3400 Sheffield Ave Hammond, IN.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: - Immediate access to I-90 and less than 20 miles to downtown.; - Zoning allows for outside storage and truck parking.; - Close proximity to multiple trucking terminals.
    (708) 539-6398
    Request Owner's contact information
    3400 Sheffield Ave Hammond, IN 46327
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    Hammond, IN 46327
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    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
    3400 Sheffield Ave Hammond, IN 46327
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