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    7235-7241 Calumet Ave Hammond, IN 46324

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    For Lease
    $525,000

    Retail space with ample parking and customization potential.

    Property size:
    700 SF
    Lot size:
    0.29 Acres

    Property Features for 7235-7241 Calumet Ave

    General Information

    Size
    700 SF
    Lot size
    0.29 Acres

    Source: Latitude Commercial Agent Chandler Kimmel

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

    Overview

    Retail Space with High Visibility

    This retail space offers versatile floor plans suitable for various business needs. It features ample parking for both employees and visitors. The property benefits from high visibility and excellent signage opportunities, with an average daily traffic count of 28,125. Customization potential allows tenants to adapt the space to their specific requirements. The location provides convenient accessibility to I-80/94. The property size is 700 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.5087726
    Latitude
    41.5817522

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    FAQs

    What type of property is this?
    Retail space - Retail space with ample parking and customization potential.
    Where is this retail space located?
    The property is located at 7235-7241 Calumet Ave Hammond, IN.
    What are key features of this property?
    This property features: - High visibility with excellent signage opportunities and 28,125 average daily traffic count.; - Convenient location for accessibility to I-80/94.; - Ample parking for employees and visitors.
    (219) 218-8200
    Request Owner's contact information
    7235-7241 Calumet Ave Hammond, IN 46324
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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
    7235-7241 Calumet Ave Hammond, IN 46324
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