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Merrillville, IN

Medical Center

Merrillville, IN Medical Centers for Sale

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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

Surgical Center with Drive-Through

Updated: Mar 7

Surgical Center with Drive-Through

100 W 86th Ave, Merrillville, IN 46410

$2,200,000

4,088 sqft

4,088 SF surgical center available for lease with reception, physician offices, and staff areas
Includes a 22'7" x 20'5" procedure room plus supply room and multiple work areas
Patient‑focused layout with patient recovery/prep area, patient toilets/dressing room, and nurse consulting area
Drive‑through pickup discharge area for patient flow and staff operations
Estimated monthly utilities: NIPSCO gas $90/mo, electric $300/mo, and water $200/mo

Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 2 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 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.

Two-Story Bank with Drive-Thru

Two-Story Bank with Drive-Thru

808 Vale Park Road, Valparaiso, IN 46383

$2,000,000

13,608 sqft 1.83 AC lot

Two-story building with drive-thru lanes, including Fifth Third ground-floor space plus additional basement and second-floor hospice use.

Net-Leased Specialty Medical Office

Net-Leased Specialty Medical Office

7310 West Lincoln Highway, Crown Point, IN 46307

$2,250,000

13,380 sqft

Single-tenant outpatient medical office leased under a net structure to Franciscan Physician Network.

Single-Story Medical Office Building

Single-Story Medical Office Building

2802 Leonard Drive, Valparaiso, IN 46383

$950,000

5,596 sqft 1.05 AC lot

All-brick medical facility with 10 exam rooms, parking for 50, and potential interior reconfiguration.

Crown Point Surgery Center Investment

Crown Point Surgery Center Investment

11450-11460 S. Broadway, Crown Point, IN 46307

$6,681,630

13,200 sqft

13,200 SF surgery center in Crown Point, Indiana.

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 Merrillville, IN

Consider similar Off-Market properties in Merrillville, 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

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

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

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

5800 Broadway, Merrillville, IN 46410-2601

Value Estimation by Request

14,051 sqft 1.49 AC lot

MEDICAL BUILDING

1479 84th Pl, Merrillville, IN 46410-6451

Value Estimation by Request

9,700 sqft 1.10 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

MEDICAL BUILDING

155 86th Ave, Merrillville, IN 46410-7089

Value Estimation by Request

7,300 sqft 0.80 AC lot

8127 Merrillville Rd

MEDICAL BUILDING

8127 Merrillville Rd, Merrillville, IN 46410-1485

$760,000

Estimated value

17,646 sqft 2.74 AC lot

MEDICAL BUILDING

550 84th Dr, Merrillville, IN 46410-6250

$525,000

Estimated value

11,688 sqft 2.62 AC lot

MEDICAL BUILDING

9223 Taft St, Merrillville, IN 46410-6911

Value Estimation by Request

6,660 sqft 1.32 AC lot

MEDICAL BUILDING

349 80th Pl, Merrillville, IN 46410-5433

Value Estimation by Request

4,480 sqft 1.25 AC lot

MEDICAL BUILDING

5304 Broadway, Merrillville, IN 46410-1555

Value Estimation by Request

3,402 sqft 1.22 AC lot

MEDICAL BUILDING

8080 Utah St, Merrillville, IN 46410-6787

Value Estimation by Request

4,675 sqft 1.03 AC lot

8695 Connecticut St

MEDICAL BUILDING

8695 Connecticut St, Merrillville, IN 46410-6387

Value Estimation by Request

9,100 sqft 1.39 AC lot

Merrillville, IN Medical Centers Market Trends and Statistics

Explore 58 medical centers for sale in Merrillville, IN on our real estate platform. These investment opportunities span a total of 17,213 square feet of properties for sale, with an estimated market value of $5,300,000.

Sale prices for medical buildings in Merrillville, IN start at $2,200,000, averaging $2,650,000, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 39K

Population Growth (5Y) +2.0%

Median Household Income $61,735

College Educated 16.4%

Taxes & Financing

Tax Rate (average for all types) 2.32%

Property Tax per SF $33.26 per SF

Tax Rate vs County Average 0.75 pp below 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

Property Size Breakdown

The majority of commercial real estate listings in Merrillville fall within the 100,000+ square foot range.

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