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    1441 82Nd Ave Merrillville, IN 46410

    Sponsored
    For Sale
    Contact for pricing

    Prime Office, 3,298 SF, Vacant

    Property size:
    3,298 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,298 square foot executive office space is located at 1441 E 82nd Ave in Merrillville, Indiana, 46410. Built in 1986, the property sits on a 1.14-acre lot and is currently vacant, presenting a unique opportunity for immediate occupancy. Previously used as a restaurant, the space offers significant potential for repurposing to suit a variety of executive office needs. The building benefits from high visibility due to its location, experiencing traffic from over 20,000 cars daily on Mississippi Street. Its strategic placement provides easy access to US 30 and I-65, enhancing accessibility for employees and clients. The property's proximity to hotels and restaurants adds further convenience. The existing drive-thru window presents an interesting feature for potential adaptive reuse. This location offers a strong foothold in Northwest Indiana's thriving business community. The property's size and location make it an ideal choice for businesses seeking a prominent and easily accessible office space. The vacant status allows for immediate customization to meet specific business requirements.

    Property Features for 1441 82Nd Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,298 SF
    Lot Size
    49,658 SF

    Building Details

    Year Built
    1986

    HighLights

    • 20,000+ cars per day on Mississippi St.
    • Drive‑thru window.
    • Excellent visibility to US 30 & I‑65.
    • Near hotels and restaurants.
    • Repurpose opportunity for executive office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Law Firm Wholesale Shop Spa & Massage Dental Office Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3185795
    Latitude
    41.4695455

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office, 3,298 SF, Vacant
    Where is this office property / space located?
    The property is located at 1441 82Nd Ave Merrillville, IN.
    What are key features of this property?
    This property features: 20,000+ cars per day on Mississippi St.; Drive-thru window.; Excellent visibility to US 30 & I-65.
    (219) 510-3720
    Request Owner's contact information
    1441 82Nd Ave Merrillville, IN 46410
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    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
    1441 82Nd Ave Merrillville, IN 46410
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