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    5646 Hohman Ave Hammond, IN 46320

    For Sale
    $369,000

    4,977 SF building suitable for retail, service, or flex uses.

    Property size:
    4,977 SF
    Lot size:
    0.34 Acres

    Property Features for 5646 Hohman Ave

    General Information

    Size
    4,977 SF
    Lot size
    0.34 Acres

    Source: Latitude Commercial Agent Brett McDermott

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

    Overview

    Free-Standing Building on Corner Lot

    This is a 4,977 square-foot free-standing building situated on a 0.34-acre site. The property benefits from a corner location at Hohman Avenue and Carroll Street. It is suitable for retail, service, or flex uses. The property includes generous parking. There is potential to add a rear overhead garage door for enhanced flexibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -87.5223298
    Latitude
    41.6104871

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    FAQs

    What type of property is this?
    Retail space - 4,977 SF building suitable for retail, service, or flex uses.
    Where is this retail space located?
    The property is located at 5646 Hohman Ave Hammond, IN.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: - 4,977 SF free-standing building; - Situated on a 0.34-acre site with generous parking; - Corner location at Hohman Ave & Carroll St.
    (219) 545-4328
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    5646 Hohman Ave Hammond, IN 46320
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    Hammond, IN 46320
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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
    5646 Hohman Ave Hammond, IN 46320
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