251 84Th Dr Merrillville, IN 46410
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.
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Gina Bender, Pharm Pharmacy
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Elizabeth Fox Counselor
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Laura Wade Physician Medical Clinic
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Khalissa Muhammad Physician Medical Clinic
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Sonia Rojas Counselor
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.