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    399 Gary St Gary, IN 46404

    • Retail properties
    • 1,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 399 Gary St

    Year built
    1953
    Property size
    1,000 SF
    Property type
    Retail properties
    Property subtype
    Grocery and convenience stores

    Description

    This exceptional retail opportunity presents a 1,000-square-foot convenience store and gas station located at 399 Gary St, Gary, IN 46404. The property, built in 1953, sits on a highly visible corner lot and includes both the business and real estate in the asking price of $399,900, plus inventory. The business boasts impressive annual sales figures: 300,000 gallons of fuel annually and $750,000 in store sales. The property features a single, one-story building with a gross lease structure. The property's APN is 45-08-07-105-012.000-004. Note that there is no existing supply contract agreement in place. This is a turnkey operation ideal for an experienced investor seeking a profitable, established business with significant sales history. Serious inquiries only.

    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
    -87.3935
    Latitude
    41.5915

    Comparable in this City

    • Value Estimation
      $285,000
      1,680 SF

      1485 Clark Rd

      CONVENIENCE STORE • 1,680 SF
      1485 Clark Rd, Gary, IN 46404-1687
      View Details
    • Value Estimation by Request
      2,580 SF

      2701 5th Ave, Unit 27

      CONVENIENCE STORE • 2,580 SF
      2701 5th Ave, Gary, IN 46404-1243
      View Details
    • Value Estimation by Request
      55,620 SF

      2550 Arthur St

      GROCERY, SUPERMARKET • 55,620 SF
      2550 Arthur St, Gary, IN 46404-3531
      View Details
    • Value Estimation
      $325,000
      1,885 SF

      1500 Grant St

      CONVENIENCE STORE • 1,885 SF
      1500 Grant St, Gary, IN 46404-2731
      View Details
    • Value Estimation
      $300,000
      1,232 SF

      2081 Grant St, Unit 95

      CONVENIENCE STORE • 1,232 SF
      2081 Grant St, Gary, IN 46404-3056
      View Details
    • Value Estimation by Request
      1,288 SF

      1101 Clark Rd, Unit 19

      CONVENIENCE STORE • 1,288 SF
      1101 Clark Rd, Gary, IN 46404-1641
      View Details

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    399 Gary St
    Gary, IN 46404
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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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