1579 79thMerrillville, IN 46410

  • Retail properties
  • 4,597 SF
Off market
$1,546,900 Estimated

Property Details for 1579 79th

Year built
2003
Lot size
1.41 AC
Property size (Sq ft)
4,597 SF
Zone code
R33
Property type
Retail properties
Property subtype
Turn key restaurants
APN
45-12-22-278-004.000-030
APU
451222278004000030

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,171,697
    6.5%
    $2,004,643
    7%
    $1,861,454
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,508,873
    Geo Method
    $1,508,873
  • Alternative Use

    Use
    Valuation
    Residential
    $1,690,992
    Hospitality
    $1,548,939
    Educational
    $1,288,699
    Medical
    $1,333,020
    Retail
    $2,004,643
1579 79th, Merrillville, Indiana
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Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.4735
Longitude
-87.3174
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$48,116
$622,600
$924,300
$1,546,900
-
$622,600
$924,300
$1,546,900

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