Financial
Distress signals
Property profile

261 80th Pl Merrillville, IN 46410

OFF-MARKET
Retail space
Property ID
US31-3486756
7,200 SF 2.75 ac lot Built 1994
Last sale Jan 2023 · $210,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$206k
Assessed land$92k
Assessed improvement$114k
Effective rate2.36%

Value estimate

· Sep 2026
$225k
$203k – $248k
AI approach$235k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$36 – $120
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.8
Parking Facility11.4
Electrical Service9.2

Location

261 80th Pl Merrillville, IN 46410-5431
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6190 Broadway, Merrillville, IN 46410-3002 $500,000 Jan 2025 5,924 SF
7590 Broadway, Merrillville, IN 46410-4720 $550,000 Jan 2022 9,920 SF
281 80th, Merrillville, IN 46410-5431 $220,000 Aug 2021 7,200 SF
6124 Broadway, Merrillville, IN 46410-3062 $575,000 Jul 2021 6,000 SF
5790 Broadway, Merrillville, IN 46410-2637 $1,143,500 Jun 2020 6,889 SF
4100 82nd, Merrillville, IN 46410-6065 $760,000 Jun 2020 8,280 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 261 80th Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message