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    280 80Th Pl Merrillville, IN 46410

    For Lease
    $18 SF/Yr ($5,601 /Mo)

    900 SF Office Suite Available Now

    Lot size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 900-square-foot executive office suite is situated within a larger 3,600-square-foot commercial building located at 280 W 80th Pl, Merrillville, IN 46410. The property, built in 1986, is classified as Class C and offers a multi-tenant environment. The suite is immediately available for lease and presents a fantastic opportunity for businesses seeking a well-located and functional workspace. The building sits on a 0.54-acre lot, providing ample space and potential for future expansion or outdoor amenities. The property's classification as both retail and office space highlights its versatility and potential for a variety of uses. The address is conveniently located in Merrillville, Lake County, Indiana, offering easy access to major transportation routes and local amenities. This is an ideal space for a growing business seeking a professional and efficient office environment. The available space is 900 square feet, offering ample room for various office configurations. Serious inquiries are encouraged to explore this prime commercial real estate opportunity. The property's location in Merrillville, Indiana, provides access to a thriving business community and a strong local workforce. This is a rare opportunity to secure a well-priced and conveniently located office space in a desirable area. Don't miss out on this chance to establish your business in a prime location.

    Property Features for 280 80Th Pl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,600 SF
    Class
    C
    Total Rate
    5601

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Suite 280
    Size
    900 SF
    Rate per SF
    $18

    HighLights

    • 900 SF office suite featuring reception area, private office, and conference room.
    • High‑traffic location on 80th Place, one block north of US‑30 and near I‑65.
    • Excellent visibility, signage, and ample parking.
    • Suitable for professional services firms such as law, accounting, real estate, or financial planning.
    • Well‑maintained, professionally managed brick and wood building (1986 construction).
    Property Profile Location Intelligence

    Current Use by Public Records

    Midland Funding Source Loan Agency Michael A Mcguirk Insurance Insurance Agency

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair 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
    -87.3383371
    Latitude
    41.473685

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    FAQs

    What type of property is this?
    Office Property / Space - 900 SF Office Suite Available Now
    Where is this office property / space located?
    The property is located at 280 80Th Pl Merrillville, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 900 SF office suite featuring reception area, private office, and conference room.; High-traffic location on 80th Place, one block north of US-30 and near I-65.; Excellent visibility, signage, and ample parking.
    Request Owner's contact information
    280 80Th Pl Merrillville, IN 46410
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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
    280 80Th Pl Merrillville, IN 46410
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