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    1441 E 82Nd Ave Merrillville, IN 46410

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    For Sale
    Contact for pricing

    Restaurant with drive-thru, high visibility, repurposing opportunity.

    Property size:
    3,298 SF
    Lot size:
    1.12 Acres

    Property Features for 1441 E 82Nd Ave

    General Information

    Size
    3,298 SF
    Lot size
    1.12 Acres

    Source: Streetfront Real Estate Agent Ryan Peters

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

    Overview

    Restaurant with Drive-Thru Window

    This 3,298 square foot property is located on Mississippi Street, which sees over 20,000 cars per day. The property features a drive-thru window and offers visibility to both US 30 and I-65. It is situated near hotels and restaurants and presents an opportunity to repurpose the location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3187223
    Latitude
    41.4694629

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    FAQs

    What type of property is this?
    Drive through restaurant - Restaurant with drive-thru, high visibility, repurposing opportunity.
    Where is this drive through restaurant located?
    The property is located at 1441 E 82Nd Ave Merrillville, IN.
    What are key features of this property?
    This property features: - High Traffic Location: Over 20,000 cars per day on Mississippi St.; - Drive-Thru Window: Equipped with a drive-thru for customer convenience.; - High Visibility: Visible from US 30 & I-65.
    (219) 510-3720
    Request Owner's contact information
    1441 E 82Nd 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
    1441 E 82Nd Ave Merrillville, IN 46410
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