8080 E 109th Ave Crown Point, IN 46307
Two-story office building with glass foyer, flexible floor plan, and direct access to a surrounding asphalt parking lot.
Property Features for 8080 E 109th Ave
General Information
- Standard status
- Active
- Size
- 6,208 SF
- Lot size
- 0.74 Acres
- Property subtype
- Office - Medical Office
Building Details
- Year Built
- 1991
Listing office Coldwell Banker Realty
Listing date Jul 13, 2026
Source Commercialcafe
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Investment Insights
Based on property information with market context.
The property is located in Winfield Township in Lake County, Indiana, with easy access to major transportation routes between Crown Point, Winfield, and Valparaiso. Direct ingress and egress are provided onto E 109th Avenue, and the site includes 160 feet of road frontage. A surrounding, asphalt-paved parking lot (27,000 square feet) supports convenient vehicle movement around the building.
The offering includes a 0.74-acre site configured to provide straightforward site access and parking for day-to-day operations, with the office space positioned in a high-visibility setting along E 109th Avenue.
Key Highlights
- Two‑story commercial office building built in 1991 with 6,208 SF
- Direct ingress/egress onto E 109th Avenue and 160 ft of road frontage
- 0.74‑acre site with a 27,000 SF asphalt paved parking lot surrounding the building
Local Financial Insights For Healthcare Medical
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 | $160.9k | $25.92 |
| − Vacancy | −$16.1k | −$2.59 |
| EGI | $144.8k | $23.33 |
| − OpEx | −$57.9k | −$9.33 |
| NOI | $86.9k | $14.00 |
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