5124 Pne Is Dr, Merrillville, IN 46307
This exceptional 1,080 square foot traditional office suite is ideally situated in Pine Island Plaza, a high-traffic retail center located on Route 30, bordering Crown Point and Schererville, Indiana. The property boasts a prime business and retail location with excellent visibility and accessibility. The suite is a single-tenant space, perfect for a small business or professional office. The building features ample parking for tenants and customers. Family Dollar serves as an anchor tenant, ensuring consistent foot traffic. The lease rate is $13.00 per square foot, net-net, with a preferred lease term of 3-5 years. The monthly rent of $1514.17 includes common area maintenance (CAM), taxes, and insurance, totaling $344.17. This all-inclusive monthly cost provides predictable budgeting for the tenant. For businesses requiring more space, there's an option to combine this suite with units E, F, and K for a total of 5,388 square feet. The property's address is 5124 Pine Island Dr, Crown Point, IN 46307.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.