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Property profile & analytics
OFF-MARKET
Warehouses

3427 83Rd Pl Merrillville, IN 46410

9,672 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,418 square foot flex space is part of a four-unit building situated in the desirable C & O Industrial Park. Currently undergoing renovations including bathroom upgrades and warehouse cleaning, this unit boasts two offices, restrooms, and a spacious 1,875 square foot warehouse area. The warehouse features a 12' x 14' overhead door and impressive 16' ceiling clearance with ceiling fans. The robust floor construction consists of 5" wire-mesh reinforced concrete with a drain per bay, and the unit is equipped with 400-amp electric service. This gross lease property includes utilities and dumpster service. Benefit from its prime location: a half-mile south of US Highway 30 and 1.5 miles east of I-65, providing easy access just south of the Colorado and US Highway 30 intersection. Enjoy proximity to Southlake Mall, numerous restaurants, and other amenities. Commuting is a breeze, with a 3-minute drive to the US 30 & I-65 intersection, 13 minutes to Valparaiso, and 55 minutes to downtown Chicago. The property is located in the City of Hobart, with a Merrillville mailing address, on a 0.82-acre lot within a 9,672 square foot building. The property is zoned M-1. Detailed information on the area's business climate is available upon request.

Property profile
Verified
Property type Warehouses
Total area 9,672 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
  • FanBags Cornhole Electronics & Wireless Store (Bike/Boat/Book/etc) Store
  • Scotts Lawn Services Corporate Office
  • Atomic Wraps (Bike/Boat/Book/etc) Store Printing Service
  • Jafco Distribution and Sales Carpet & Flooring Store Hardware & Home Improvement
  • Letterworks Sign Co (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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