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    720 80Th Pl Merrillville, IN 46410

    Sponsored
    For Lease
    Contact for pricing

    Merrillville medical office: 2,000-6,000 SF available

    Lot size:
    8,775 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This proposed 8,775-square-foot medical office building in Merrillville, Indiana offers 6,000 square feet of customizable space. Tenants can design their ideal layout, choosing flooring, lighting, and colors to suit their needs. Fiber optic IT service is anticipated. The building is situated on a 0.86-acre lot with ample parking (50 spaces) and is zoned for Highway Commercial use. The flexible floor plan allows for spaces ranging from 2,000 to a maximum contiguous 6,000 square feet, perfect for various medical practices or office uses. Its prime location at the northeast corner of 80th Place and Delaware Street provides easy access from US Highway 30 and I-65. This exceptional opportunity places your business near the exciting 30-acre redevelopment of the Radisson Hotel/Star Plaza/Twin Towers site. Enjoy the convenience of numerous nearby restaurants, including Gino's Italian Steakhouse, Old Chicago Pizza, and many more within walking distance or a short drive. Merrillville boasts the distinction of being Lake County's largest town with one of the lowest tax rates. This is a chance to establish a presence in a thriving area with excellent accessibility and amenities.

    Property Features for 720 80Th Pl

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,775 SF

    Unit(s) available at that property

    Space
    Availbal Space
    Size
    6,000 SF

    HighLights

    • 8,775 SF medical office building with 6,000 SF available for lease.
    • Spaces range from 2,000 to 6,000 contiguous SF.
    • Building features 50 parking spaces.
    • Located in Merrillville, Lake County, with Highway Commercial zoning.
    • 0.86‑acre lot at the northeast corner of 80th Place and Delaware Street, offering excellent visibility and access to US Highway 30 and I‑65.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Gym & Fitness Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3305039
    Latitude
    41.4739139

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    FAQs

    What type of property is this?
    Medical office - Merrillville medical office: 2,000-6,000 SF available
    Where is this medical office located?
    The property is located at 720 80Th Pl Merrillville, IN.
    What are key features of this property?
    This property features: 8,775 SF medical office building with 6,000 SF available for lease.; Spaces range from 2,000 to 6,000 contiguous SF.; Building features 50 parking spaces.
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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
    720 80Th Pl Merrillville, IN 46410
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