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    1572-1574 E 85Th Ave Merrillville, IN 46410

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    For Lease
    $17 SF/Yr ($10,313 /Mo)

    Office and medical space for lease near major hospitals.

    Property size:
    7,280 SF
    Lot size:
    3.17 Acres

    Property Features for 1572-1574 E 85Th Ave

    General Information

    Size
    7,280 SF
    Lot size
    3.17 Acres

    Source: CornerStone Companies Inc Agent Ben Cohen

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

    Overview

    7,280 SF Office/Medical Building

    This 7,280 square foot building is available for lease. The property is suitable for office or medical use. It is located approximately a half mile from the I-65 and US 30 interchange. The property is situated on a hard corner and offers high visibility. It is located in an area with a high concentration of healthcare facilities, in close proximity to Methodist Hospital, Pinnacle Hospital Crown Point, Vibra Hospital of Northwestern Indiana, and the VA Clinic.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Similar Places Nearby

    Petco Vaccination Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3172862
    Latitude
    41.4636974

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    FAQs

    What type of property is this?
    Medical office - Office and medical space for lease near major hospitals.
    Where is this medical office located?
    The property is located at 1572-1574 E 85Th Ave Merrillville, IN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - 7,280 SF entire building available for lease.; - Located in a heavy healthcare-oriented area.; - Close proximity to several hospitals.
    (317) 754-6245
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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
    1572-1574 E 85Th Ave Merrillville, IN 46410
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