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    1533 E 86Th Pl Merrillville, IN 46410

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    For Lease
    $14 SF/Yr ($4,812 /Mo)

    4,125 SF warehouse with office space for lease.

    Property size:
    4,125 SF
    Lot size:
    0.29 Acres

    Property Features for 1533 E 86Th Pl

    General Information

    Size
    4,125 SF
    Lot size
    0.29 Acres

    Source: Commercial In-Sites, LLC Agent Allen Bartley

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

    Overview

    Versatile Warehouse Space Available

    This property features a 4,125 square foot unit, including approximately 600 square feet of office space and approximately 3,525 square feet of warehouse space. The office area includes a reception/office area, one private office, a small kitchen area, and one bathroom. The warehouse has a 21-foot ceiling, a 10’x14’ overhead door, and a small bathroom. Parking is available in front of the building. The tenant is responsible for utilities, interior janitorial services, and trash removal. The property is located one mile southeast of the I-65 and U.S. 30 interchange, situated at the southwest corner of Mississippi Street and 86th Avenue. Southlake Mall is located approximately 1/2 mile to the north. The location provides access to regional highways I-65, I-80/94, and I-90. This is the southeast building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Reasonable Self Storage of Merrillville, StorSafe of Merrillville South

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.316964
    Latitude
    41.461297

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    FAQs

    What type of property is this?
    Warehouse - 4,125 SF warehouse with office space for lease.
    Where is this warehouse located?
    The property is located at 1533 E 86Th Pl Merrillville, IN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location with great access to regional highways I-65, I-80/94, and I-90.; - Proximity to I-65 and U.S. 30 interchange (1 mile).; - Building includes a **3,525 +/- SF warehouse with a 21’ ceiling and 10’x14’ OHD**.
    (219) 795-1100
    Request Owner's contact information
    1533 E 86Th Pl Merrillville, IN 46410
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    Merrillville, IN 46410
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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
    1533 E 86Th Pl Merrillville, IN 46410
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