Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Automotive
  
  Gas Station
  
  Auto Shop
  
  Car Wash
  
  Drug Store
  
  Storefront
  
  Shopping Center
  
  Showroom
  
  Strip Mall
- Office
  
  Office Units
  
  Building
  
  Medical Premises
- Residential Income
  
  Multifamily
  
  Duplex
  
  Triplex
  
  Quadplex
  
  Short Term Rental
- Restaurants
  
  Conventional Restaurant
  
  Drive-through
  
  Bar & Pub
- Industrial
  
  Flex Space
  
  Manufacturing
  
  Distribution Center
- Warehouse
- Mixed-Use
- Health Care
  
  Rehabilitation Center
  
  Medical Center
- Land
  
  Residential
  
  Commercial
  
  Industrial
  
  Waterfront
- Specialty
  
  School
  
  Church & Religious
Rent
- For Lease
- Post a Listing
Space Uses
- Retail
- Restaurant
- Office
- Coworking
- Medical Space
- Automotive
- Industrial
- Warehouse
- Flex
- Specialty
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
  - Automotive
  - Gas Station
  - Auto Shop
  - Car Wash
  - Drug Store
  - Storefront
  - Shopping Center
  - Showroom
  - Strip Mall
- Office
  - Office Units
  - Building
  - Medical Premises
- Residential Income
- Restaurants
  - Conventional Restaurant
  - Drive-through
  - Bar & Pub
- Industrial
  - Flex Space
  - Manufacturing
  - Distribution Center
- Warehouse
- Mixed-Use
- Health Care
  - Rehabilitation Center
  - Medical Center
- Land
  - Residential
  - Commercial
  - Industrial
  - Waterfront
- Specialty
  - School
  - Church & Religious
For Lease
- Retail
- Restaurant
- Office
- Coworking
- Medical Space
- Automotive
- Industrial
- Warehouse
- Flex
- Specialty
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Gary, IN

Medical Center

Gary, IN Medical Centers for Sale

List

Map

Griffith, IN Hammond, IN Highland, IN Hobart, IN East Chicago, IN Schererville, IN Portage, IN Lansing, IL

Medical Center Investment Opportunity

Updated: Dec 4, 2024

Medical Center Investment Opportunity

4802 Broadway, Gary, IN 46408

$3,100,000

13,125 sqft

Two‑tenant medical center investment property with a strong national tenant (DaVita Dialysis) occupying a majority of the leasable area.
Strategic hard corner location with high traffic counts (28,200 VPD) and direct access to Interstates 65 and 94.
Lease with TRC - Indiana, LLC recently extended with over 3 years remaining and 3 (5‑year) option periods with 2% rental increases.
Located in a strong retail corridor with national/credit tenants such as Lowe’s, Costco, Home Depot, Target, and Meijer.
Proximity to Methodist Hospital (491 beds) and multiple apartment complexes.

This listing looks promising.

Here's a quick look at some key insights for

4802 Broadway, Gary, IN 46408

View Property Analytics

Est. Cap Rate

5.9%
Above avg (5.9%)
Est. NOI

$184K
Annual
Price @ 7% Cap

$2.62M
Suggested

View Property Analytics

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Veterinary Medical Office with Fenced Yard

Veterinary Medical Office with Fenced Yard

14206 S Indiana Avenue, Riverdale, IL 60827

$125,000

0.07 AC lot

Move-in ready medical facility with exam and surgery areas, offices, and a secure fenced yard for animals.

Medical Office with Secure Kennel Yard

Medical Office with Secure Kennel Yard

14206 S Indiana Avenue, Riverdale, IL 60827

$125,000

0.07 AC lot

Well-maintained medical-focused facility with exam rooms, surgery suite, and a secure fenced yard on a stoplight corner.

Medical Clinic Building

Medical Clinic Building

1400 E 75th Street, Chicago, IL 60619

$89,900

0.06 AC lot

Vacant medical clinic previously used as an animal clinic, sold as-is with no survey provided.

Class A Medical Outpatient Facility

Class A Medical Outpatient Facility

7456 S State Rd, Chicago, IL

Contact for pricing

58,295 sqft 3.66 AC lot

Multi-tenant medical facility with stable income and value-add upside.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Valparaiso Gateway Development Opportunity

Valparaiso Gateway Development Opportunity

2500 Silhavy Road, Valparaiso, IN 46383

$895,000

8.39 AC lot

8+ acre development property in Valparaiso, Indiana.

Michigan City Commercial Land Parcel

Michigan City Commercial Land Parcel

W 400 N, Michigan City, IN 46360

$1,050,000

21.81 AC lot

21.814 acres of commercial land in Michigan City, IN.

18.76 Acres For Redevelopment

18.76 Acres For Redevelopment

1500 West Lincoln Highway, New Lenox, IL 60451

$12,500,000

18.76 AC lot

18.76 acres for redevelopment at I-80 and Route 30.

Aurora Land Ready for Development

Aurora Land Ready for Development

1900 E New York Street, Aurora, IL 60502

$950,000

13.00 AC lot

13-acre land offering in Aurora, IL, for commercial or mixed-use development.

Off-Market Properties in Gary, IN

Consider similar Off-Market properties in Gary, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3570 Lincoln Hwy

MEDICAL BUILDING

3570 Lincoln Hwy, Merrillville, IN 46410-5830

Value Estimation by Request

3,044 sqft 0.85 AC lot

8691 Connecticut St

MEDICAL BUILDING

8691 Connecticut St, Merrillville, IN 46410-6238

Value Estimation by Request

6,942 sqft 1.11 AC lot

MEDICAL BUILDING

3300 15th Ave, Gary, IN 46404-1963

Value Estimation by Request

4,271 sqft 0.38 AC lot

8510 Broadway, Unit 28

MEDICAL BUILDING

8510 Broadway, Merrillville, IN 46410-7032

Unit 28

$690,000

Estimated value

24,549 sqft 2.00 AC lot

8510 Broadway, Unit 28

MEDICAL BUILDING

8510 Broadway, Merrillville, IN 46410-7032

Unit 28

$610,000

Estimated value

24,547 sqft 2.00 AC lot

6075 Cleveland Cir

MEDICAL BUILDING

6075 Cleveland Cir, Merrillville, IN 46410-2378

Value Estimation by Request

4,741 sqft 0.59 AC lot

9010 Connecticut St

MEDICAL BUILDING

9010 Connecticut St, Merrillville, IN 46410-7057

Value Estimation by Request

2,850 sqft 0.93 AC lot

3525 Broadway, Unit 35

MEDICAL BUILDING

3525 Broadway, Gary, IN 46409-1316

Unit 35

Value Estimation by Request

4,750 sqft 0.19 AC lot

8684 Connecticut St

MEDICAL BUILDING

8684 Connecticut St, Merrillville, IN 46410-5580

$510,000

Estimated value

14,596 sqft 2.05 AC lot

MEDICAL BUILDING

1901 Grant St, Gary, IN 46404-2761

Value Estimation by Request

2,240 sqft 0.16 AC lot

MEDICAL BUILDING

1500 Burr St, Gary, IN 46406

Value Estimation by Request

3,054 sqft 0.79 AC lot

MEDICAL BUILDING

99 86th Ave, Merrillville, IN 46410-6381

Value Estimation by Request

12,972 sqft 1.43 AC lot

MEDICAL BUILDING

250 61st Ave, Merrillville, IN 46410-2512

Value Estimation by Request

2,297 sqft 0.36 AC lot

MEDICAL BUILDING

8300 Broadway, Merrillville, IN 46410-8602

$560,000

Estimated value

17,255 sqft 1.21 AC lot

MEDICAL BUILDING

4724 Broadway, Gary, IN 46408-4508

Value Estimation by Request

1,370 sqft 0.05 AC lot

MEDICAL BUILDING

5800 Broadway, Merrillville, IN 46410-2601

Value Estimation by Request

14,051 sqft 1.49 AC lot

MEDICAL BUILDING

7501 15th Ave, Gary, IN 46406-2267

$715,000

Estimated value

16,696 sqft 0.87 AC lot

MEDICAL BUILDING

1479 84th Pl, Merrillville, IN 46410-6451

Value Estimation by Request

9,700 sqft 1.10 AC lot

3820 Central Ave

MEDICAL BUILDING

3820 Central Ave, Lake Station, IN 46405-2380

Value Estimation by Request

6,818 sqft 0.70 AC lot

MEDICAL BUILDING

7925 Taft St, Merrillville, IN 46410-5242

Value Estimation by Request

4,214 sqft 1.06 AC lot

MEDICAL BUILDING

400 84th Dr, Merrillville, IN 46410-6248

Value Estimation by Request

7,832 sqft 2.11 AC lot

700 5th Ave, Unit 22

MEDICAL BUILDING

700 5th Ave, Gary, IN 46402-1808

Unit 22

Value Estimation by Request

6,048 sqft 0.43 AC lot

3401 Central Ave

MEDICAL BUILDING

3401 Central Ave, Lake Station, IN 46405-2274

Value Estimation by Request

0.13 AC lot

Gary, IN Medical Centers Market Trends and Statistics

Explore 72 medical centers for sale in Gary, IN on our real estate platform. These investment opportunities span a total of 13,125 square feet of properties for sale, with an estimated market value of $3,100,000.

Sale prices for medical buildings in Gary, IN start at $3,100,000, averaging $3,100,000, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 124K

Population Growth (5Y) -7.7%

Median Household Income $47,747

College Educated 15.8%

High-Yield Neighborhoods for Investment

Identify Gary submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46408	$3.1M

Taxes & Financing

Tax Rate (average for all types) 7.93%

Property Tax per SF $79.79 per SF

Tax Rate vs County Average 6.93 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

Retail

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings