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    4763 Calumet Ave Hammond, IN 46327

    For Sale
    $295,000

    Commercial lot in a busy area, suitable for business.

    Lot size:
    0.19 Acres

    Property Features for 4763 Calumet Ave

    General Information

    Lot size
    0.19 Acres

    Source: Homes on Demand Realty Agent Homes on Demand Realty

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

    Overview

    Commercial Lot in Hammond

    This commercial lot is located at the corner of Calumet Avenue and Hoffman Street in North Hammond. The property is zoned C4, general commercial district, and offers 8,441.25 square feet of space. Situated in a high-traffic area, the lot is near chain restaurants, dealerships, mechanic shops, gas stations, and beauty shops. It is located within a 5-minute drive to the Indiana Toll Road 90 and is close to the Hammond train station and schools. This lot is available for business expansion or a new project.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.5086016
    Latitude
    41.6266538

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot in a busy area, suitable for business.
    Where is this commercial land located?
    The property is located at 4763 Calumet Ave Hammond, IN.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - High-traffic location at the corner of Calumet and Hoffman, ideal for business visibility.; - C4 general commercial zoning, allowing for a wide range of business uses.; - Sizeable lot with 8,441.25 sqft, providing ample space for development.
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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
    4763 Calumet Ave Hammond, IN 46327
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