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    6020-22 Columbia Ave Hammond, IN 46320

    • Mixed-use properties
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 6020-22 Columbia Ave

    Year built
    1956
    Lot size
    0.23 lot acres
    Property type
    Mixed-use 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
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.5004
    Latitude
    41.604

    Comparable in this City

    • Value Estimation by Request
      10,044 SF

      5320-5324 Hohman Ave

      Mixed-use properties • 10,044 SF
      5320-5324 Hohman Ave, Hammond, IN 46320
      View Details
    • Value Estimation by Request
      2.17 Acres

      Hammond, IN 46320

      INDUSTRIAL - VACANT LAND • 2.17 Acres
      Hammond, IN 46320
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    • Value Estimation by Request
      2.66 Acres

      America Oil Co

      INDUSTRIAL - VACANT LAND • 2.66 Acres
      America Oil Co, Hammond, IN 46320
      View Details
    • Value Estimation by Request
      0.09 Acres

      Hammond, IN 46320

      VACANT COMMERCIAL LAND • 0.09 Acres
      Hammond, IN 46320
      View Details
    • Value Estimation by Request
      0.15 Acres

      5735 Calumet Ave

      PARKING LOT • 0.15 Acres
      5735 Calumet Ave, Hammond, IN 46320
      View Details
    • Value Estimation by Request
      0.13 Acres

      5715 Calumet Ave

      PARKING LOT • 0.13 Acres
      5715 Calumet Ave, Hammond, IN 46320
      View Details

    Similar Nearby for Sale

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    • $369,000
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      0.13 Acres

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      Vacant residential lot available in Hammond, Indiana.
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      0.12 Acres

      Hammond, Indiana Unimproved Land Parcels

      Three adjacent unimproved land parcels in Hammond, Indiana available for development.
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    Similar Nearby for Lease

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    6020-22 Columbia Ave
    Hammond, IN 46320
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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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