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Property profile & analytics
OFF-MARKET
Office Spaces

120 90Th Dr Merrillville, IN 46410

14,176 SF 2.75 ac lot
Property ID
Property summary
AI-generated overview

This single-story, 14,176 square foot office building in Merrillville, Indiana, offers a 1,700 square foot suite ideal for medical or general office use. The suite features two exam rooms, an exam/procedure room, reception/waiting area, and open space. Sinks are easily removable for conversion to general office space. The well-maintained building boasts 63 parking spaces and a lighted pylon sign. Its convenient location is one block east of Broadway (SR 53), near the 93rd Avenue intersection, less than a mile south of US Highway 30, and 1.5 miles from I-65. This prime location within Merrillville's medical/professional corridor places it near AmeriPlex at the Crossroads Business Park, Speedway/Subway, Methodist Hospital, and numerous shopping, dining, and banking options. The building currently houses an MRI diagnostic center and is zoned C-3. The property sits on 2.75 acres and has a total of one suite across one building. The APN is 45-12-27-301-003.000-2-030. This is a fantastic opportunity for a business seeking a well-equipped and conveniently located office space.

Property profile
Verified
Property type Office Spaces
Total area 14,176 SF
Lot 2.75 ac (119,790 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
  • Weil Foot & Ankle Institute Medical Clinic
  • merrillville, in podiatrists & foot doctors for podiatry care | weil foot & ankle institute Medical Clinic
  • Dr. John Sakla Physician
  • Bart Beaver Physician
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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