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    Hammond Industrial Property on Calumet Title is generated by Realmo AI

    7045 Calumet Ave, Hammond, IN

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    Industrial property with signage and overhead doors on Calumet.

    Type:INDUSTRIAL
    Property size:
    12,500 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $74/SF
    Added:
    Aug 1, 2025
    Days on Market:
    321
    Last Refresh:
    May 20 at 8:38 pm

    Property Features for 7045 Calumet Ave

    General Information

    Standard status
    Active
    Size
    12,500 SF
    Lot size
    0.43 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Dennis Larson

    Listing agent Dennis Larson

    Listing office Diversified Commercial Real Estate

    Listing date Aug 1, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Diversified Commercial Real Estate

    HighLights

    • Lighted intersection location offers exceptional access.
    • Benefit from digital & static signage on Calumet Ave, providing excellent advertising opportunities.
    • Two overhead doors: (12' x 10') and (10' x 10').
    • Commercial property suitable for various business ventures.
    • High visibility ensures maximum exposure.
    • Easy access for customers and deliveries.

    Overview

    This industrial property is located on Calumet Avenue in Hammond, Indiana. It features a lighted intersection and both digital and static signage on Calumet Avenue. The building includes two overhead doors, one measuring 10 feet by 10 feet and another measuring 12 feet by 10 feet. The property has a size of 12,500 square feet.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $109.5k $8.76
    − Vacancy −$5.9k −$0.47
    EGI $103.6k $8.29
    − OpEx −$31.1k −$2.49
    NOI $72.5k $5.80
    12,500 SF · lease $8.76/SF/yr · vacancy 5.39% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $1.04M
    $906.5K – $1.21M (±1% cap)
    NOI $72,519 @ 7.0% cap · market cap 7.84%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $3.49M
    $3.05M – $4.07M (±1% cap)
    NOI $244,266 @ 7.0% cap · market cap 26.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    NTI Services Corp. Telecommunications Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.5087
    Latitude
    41.5848

    FAQs

    What type of property is this?
    Industrial property - Industrial property with signage and overhead doors on Calumet.
    Where is this industrial property located?
    The property is located at 7045 Calumet Ave Hammond, IN.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Lighted intersection location offers exceptional access.; Benefit from digital & static signage on Calumet Ave, providing excellent advertising opportunities.; Two overhead doors: (12' x 10') and (10' x 10').
    (219) 836-4740 Call to check price and availability
    More about this property
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