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Property profile & analytics
OFF-MARKET
Office Spaces

251 84Th Dr Merrillville, IN 46410

31,281 SF Built 1990
Property ID
Property summary
AI-generated overview

Park 84, located at 251-397 W 84th Dr in Merrillville, Indiana, presents a prime opportunity for businesses seeking executive office space. This single-story, 31,281 square foot building, constructed in 1990, features a masonry structure with brick veneer. The property sits on a 2.28-acre lot and is zoned C-3 Highway Commercial, offering excellent visibility and accessibility. Currently, there are multiple tenancies available, with a minimum divisible space of 1,045 square feet and a maximum contiguous space of 4,139 square feet. A total of 11,209 square feet is currently vacant, providing flexibility for various business needs. The building is situated in the Ross Township submarket of Lake County, Indiana, zip code 46410. The estimated 2021 operating expenses were $4.62 per square foot. This property offers a blend of established infrastructure and convenient location, making it an ideal choice for businesses seeking a professional and efficient workspace. The property is categorized as Executive Office and Professional office space.

Property profile
Verified
Property type Office Spaces
Year built 1990
Total area 31,281 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gina Bender, Pharm Pharmacy
  • Elizabeth Fox Counselor
  • Laura Wade Physician Medical Clinic
  • Khalissa Muhammad Physician Medical Clinic
  • Sonia Rojas Counselor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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