Property profile

6110 Broadway Merrillville, IN 46410

FOR SALE
Commercial land
Saved · see the list in your Dashboard
Property ID
US31-0434026
20.61 ac
Last sale Dec 2024·$4,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a retail shopping center with multiple storefront spaces located at 6110 Broadway in Merrillville, Indiana 46410, within an established retail corridor. It is anchored by co-tenants including Traderbucks, Family Dollar, and Ruler Foods, and the site is configured to support convenient customer access and on-site customer parking for day-to-day shopping. The center is positioned along Broadway and provides access to major highways, supporting convenient arrival and circulation for visitors traveling from surrounding areas.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$32k
Tax billed · 2022
Assessed value · 2023$1.55M
Assessed land$1.55M
Effective rate2.09%

Value estimate

· Nov 2026
$4.05M
$3.65M – $4.46M
AI approach$4.05M
NOI build-up
Gross scheduled income$2.66M
Vacancy & credit loss−$117k
Operating expenses−$763k
NOI$1.78M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$52 – $133

Cap rate analysis

How does the asset earn?
$1.78M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.8
Wholesale Shop17.3
Realty agency15.3

Location

6110 Broadway Merrillville, IN 46410
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Wright, Merrillville, IN 46410 $500,000 Aug 2024 No data
7477 Mississippi, Merrillville, IN 46410-4832 $1,000,000 Oct 2023 No data
1711 54th Aveave, Merrillville, IN 46410-1327 $19,700,000 Sep 2023 No data
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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