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    367 Melton Rd Burns Harbor, IN 46304

    • Retail properties
    • 784 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 367 Melton Rd

    Year built
    1941
    Lot size
    0.92 lot acres
    Property size
    784 SF
    Property type
    Retail properties
    Property subtype
    Industrial properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Burns Harbor
    County
    Porter
    State
    Indiana
    Longitude
    -87.137
    Latitude
    41.6005

    Comparable in this City

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      2,200 SF

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      1300 Us-20

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    • Value Estimation by Request
      6,248 SF

      Steel Ml

      INDUSTRIAL (GENERAL) • 6,248 SF
      Steel Ml, Burns Harbor, IN 46304
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      233,538 SF

      Steel Ml

      HEAVY INDUSTRIAL • 233,538 SF
      Steel Ml, Burns Harbor, IN 46304
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    • Value Estimation by Request
      3,600 SF

      246 Bailey Sta Rd

      HEAVY INDUSTRIAL • 3,600 SF
      246 Bailey Sta Rd, Burns Harbor, IN 46304-9780
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      4,682 SF

      1079 Industry Dr

      HEAVY INDUSTRIAL • 4,682 SF
      1079 Industry Dr, Chesterton, IN 46304
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,200 SF

      Chesterton Retail Build-to-Suit

      0.71-acre shovel-ready retail lot. High traffic count.
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      Retail Showroom Near Route 49

      Retail showroom space available, close to major routes.
      830 E 1050 N, Chesterton, IN 46304
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    • Contact for pricing
      3,656 SF

      Retail Property Near Indiana Dunes

      Retail property with high visibility and strong demographics.
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    • $775,000
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    Similar Nearby for Lease

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      Prime Retail Space in Chesterton

      High-visibility retail space in a modern shopping center.
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      Prime Retail Space in Chesterton

      1,350 SF retail space in Chesterton's vibrant downtown.
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    • Contact for pricing
      32,000 SF

      Chesterton Executive Office Space

      Prime Office Suites, 4,635 SF Available
      3100 Village Pt, Chesterton, IN 46304
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    • $13 SF/Yr
      1,465 SF

      Office Suite For Rent

      1,465 SF office suite available for lease.
      802 Wabash Ave, Chesterton, IN 46304
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    367 Melton Rd
    Burns Harbor, IN 46304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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