Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

5401 Broadway Merrillville, IN 46410

  • Office Properties & Spaces
  • 15,120 SF
  • 0.80 lot acres
Value Estimation
$400,000
Location Intelligence
Property ID
US31-1126510
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

  • Office Properties & Spaces

Property Details for 5401 Broadway

Year built
1974
Construction
WOOD
Lot size
0.80 lot acres
Property size
15,120 SF
Property type
Office Properties & Spaces
APN
45-12-03-104-001.000-031
APU
451203104001000031

Description

Executive Plaza, located at 5401-5443 Broadway in Merrillville, Indiana, offers flexible office spaces ideal for businesses seeking a prime location. This Class B building totals 15,120 square feet and features three available suites ranging from 650 to 1,100 contiguous square feet, with a total of 2,750 square feet currently vacant. The property boasts a convenient location directly across from a Save A Lot grocery store and numerous national retailers within a one-mile radius. Its corner lot position at Broadway and 54th provides excellent visibility, enhanced by pylon signage on Broadway. Ample parking is available, including an overflow lot. The building offers turnkey spaces with competitive lease rates. Net, Net, Net (NNN) expenses are currently estimated at $4 per square foot. The property sits on a 0.8-acre lot in Lake County, within easy access to US Route 30 and Interstate 65, serving the Chicago metropolitan area. This is a great opportunity for businesses seeking efficient, well-maintained office space in a high-traffic area.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Merrillville
County
Lake
State
Indiana
Longitude
-87.3357
Latitude
41.5197
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
$9,588
$285,700
$173,300
$459,000
-
$285,700
$173,300
$459,000
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