8401 Ohio St, Merrillville, IN 46410
Two-property office portfolio in Merrillville's healthcare corridor.
- Added:
- Feb 27, 2026
- Days on Market:
- 119
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 8401 Ohio St
General Information
- Standard status
- Active
- Size
- 27,000 SF
- Property subtype
- Office
Listing office Haven Realty Commercial
Listing date Feb 27, 2026
Source Crexi
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 Haven Realty Commercial
HighLights
- Institutional‑quality assets
- Premier healthcare and professional corridor location in Merrillville
- Stable in‑place income
- Significant lease‑up potential
- Value‑creation potential
- Available for individual or portfolio acquisition
Overview
Local Financial Insights For Office B
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 | $583.2k | $21.60 |
| − Vacancy | −$126.6k | −$4.69 |
| EGI | $456.6k | $16.91 |
| − OpEx | −$114.2k | −$4.23 |
| NOI | $342.5k | $12.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Merrillville
- County
- Lake
- State
- Indiana
- Longitude
- -87.3221718
- Latitude
- 41.465005
