7950-7990 Broadway, Merrillville, IN 46410
80th Place Plaza, located at 7950-7990 Broadway in Merrillville, Indiana, presents a unique opportunity for businesses seeking versatile commercial space. This multi-tenant strip center, built in 1977, offers a total of 30,276 square feet of retail and office space, with 6,425 square feet currently vacant. The property is zoned C-2 Community Commercial, allowing for a variety of uses. Units range from a minimum of 372 square feet to a maximum contiguous space of 1,688 square feet, making it suitable for a range of businesses. The center boasts excellent visibility and accessibility, featuring frontage along both 80th Place and Broadway, with building façade and monument signage opportunities available. A lighted intersection ensures convenient access for customers and employees. Ample drive-up surface parking is provided. The property is situated in Lake County, Indiana, with a zip code of 46410. Estimated 2023 operating expenses are $4.00 per square foot. This is an ideal location for businesses seeking high visibility and convenient access in a thriving commercial area. The property's flexible space options cater to diverse business needs, making it a compelling investment opportunity.
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.