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    Property profile & analytics

    4105 Broadway Gary, IN 46409

    • Mixed-use properties
    • 0.07 lot acres
    For Sale
    View listing
    $60,000
    Value Estimation
    Location Intelligence
    Property ID
    US31-0453553
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 4105 Broadway

    Year built
    1918
    Lot size
    0.07 lot acres
    Property type
    Mixed-use properties

    Description

    This exceptional investment opportunity in Gary, Indiana, presents two separate buildings on a 0.07-acre lot at 4105 Broadway. Building #1, formerly a restaurant, offers a prime space for an entrepreneur or investor. Included in the sale is existing industrial equipment, perfect for a variety of businesses. A full, unfinished walkout basement provides significant expansion potential. Building #2 is a two-bedroom, one-bathroom residential unit, ideal for owner-occupancy or generating rental income. This building also features a walkout basement, offering further expansion or rental income possibilities. The combined properties offer a unique chance to live in one unit while operating a business in the other, creating a lucrative dual-income stream. Both buildings are sold as-is. This is a rare chance to acquire two properties at a single, attractive price point. The location at 4105 Broadway provides convenient access to Gary's amenities and transportation networks. Don't miss this chance to capitalize on this versatile investment opportunity. Serious inquiries are encouraged to explore the full potential of this property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.33596
    Latitude
    41.54382

    Comparable in this City

    • $150,000
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      Prime Gary, IN Commercial Lot

      High-traffic location, owner financing possible.
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    • $40,000
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      Vacant Lot on Broadway

      Vacant lot in Gary, Indiana with high visibility.
      5117 Broadway, Gary, IN 46409
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    • $45,000
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      Vacant Corner Lot in Gary

      High-visibility corner lot near Indiana University Northwest, ideal for development.
      138 E Ridge Rd, Gary, IN 46409
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    • Contact for pricing
      0.14 Acres

      Vacant Land Ready to Build

      Vacant lot near I-94, I-65, and Toll Road.
      5012 Georgia St, Gary, IN 46409
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    Similar Nearby for Sale

    • $150,000
      0.24 Acres

      Prime Gary, IN Commercial Lot

      High-traffic location, owner financing possible.
      800 Ridge Rd, Gary, IN 46409
      View Details
    • $40,000
      0.07 Acres

      Vacant Lot on Broadway

      Vacant lot in Gary, Indiana with high visibility.
      5117 Broadway, Gary, IN 46409
      View Details
    • $45,000
      0.07 Acres

      Vacant Corner Lot in Gary

      High-visibility corner lot near Indiana University Northwest, ideal for development.
      138 E Ridge Rd, Gary, IN 46409
      View Details
    • Contact for pricing
      0.14 Acres

      Vacant Land Ready to Build

      Vacant lot near I-94, I-65, and Toll Road.
      5012 Georgia St, Gary, IN 46409
      View Details
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    4105 Broadway
    Gary, IN 46409
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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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