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    1431 E 79Th Ave Merrillville, IN 46410

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    For Lease
    Contact for pricing

    New retail center in the heart of Merrillville trade area.

    Property size:
    7,704 SF
    Lot size:
    0.92 Acres

    Property Features for 1431 E 79Th Ave

    General Information

    Size
    7,704 SF
    Lot size
    0.92 Acres

    Source: Latitude Commercial Agent Brett McDermott

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

    Overview

    Retail Center in Merrillville, IN

    This new retail center, slated to break ground in 2023, is situated in the heart of the Merrillville, IN trade area. The property, with a size of 7704 square feet, is located less than half a mile from the interchange at I-65 and US 30. It is an outlot to Lowes, Bobs Discount, Costco, and many more retailers. The location benefits from its proximity to 3.7 million square feet of existing retail space in the immediate area. A drive-thru is available.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    Sunglass Hut, Sunglass Hut at Macy's, Southlake Mall, Merrillville Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3194536
    Latitude
    41.473411

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    FAQs

    What type of property is this?
    Shopping center - New retail center in the heart of Merrillville trade area.
    Where is this shopping center located?
    The property is located at 1431 E 79Th Ave Merrillville, IN.
    What are key features of this property?
    This property features: - Located in the heart of the Merrillville, IN trade area; - Outlot to Lowes, Bobs Discount, Costco and many more; - Less than 1/2 Mile to Interchange at I-65/US 30
    (219) 545-4328
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    1431 E 79Th Ave 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
    1431 E 79Th Ave Merrillville, IN 46410
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