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Property profile & analytics
OFF-MARKET
Office Spaces

311 89Th Ave Merrillville, IN 46410

29,275 SF 5.75 ac lot Built 1996
Property ID
Property summary
AI-generated overview

This exceptional medical office building, located at 311 E 89th Ave in Merrillville, Indiana, presents a unique leasing opportunity. The property boasts a total of 29,275 square feet, situated on a generous 5.75-acre lot. Built in 1996, the building currently features multiple tenants and offers immediate occupancy for a prospective tenant seeking 1,732 square feet of readily available space. The building's classification as a medical office ensures it's well-suited for healthcare practices requiring specialized amenities. Its location in Lake County, Indiana, provides convenient access to major transportation routes and a thriving community. The property's substantial size and ample land offer significant potential for expansion or future development. This is an excellent opportunity for a medical practice seeking a well-established and conveniently located facility in a growing area. The address is 311 E 89th Ave, Merrillville, IN 46410. The available space is ideal for a variety of medical uses, offering a chance to establish or expand a successful practice in a desirable location. Serious inquiries are encouraged to explore this promising investment.

Property profile
Verified
Property type Office Spaces
Year built 1996
Total area 29,275 SF
Lot 5.75 ac (250,470 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
  • Keri Whitcomb, NP Physician
  • Fadi Alzeidan, MD Pediatrician Physician
  • Vijay Purushottam Shah, MD Physician
  • Heart Clinics PC Medical Clinic
  • Pinnacle Dermatology - Merrillville Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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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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