Financial
Distress signals
Property profile

3801 Lincoln Hwy Merrillville, IN 46410

OFF-MARKET
Other office properties
Property ID
US31-1124040
11,974 SF 1.8 ac lot Built 1978
Last sale Jul 2022 · $900,000
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.
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Property summary

AI-generated overview

A freestanding retail building with an open-concept interior layout that was remodeled and is designed for retail use. The property had a roof replacement in May 2019 and includes an electronic reader board positioned for visibility from US 30. Located along the US 30 retail corridor with access to nearby I-65, it is near Southlake Mall, which is approximately 1.3 million square feet and includes major anchors such as Macy's, Dick's Sporting Goods, Kohl's, Carson's, and AMC Showplace 12; the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$22k
Tax billed · 2022
Assessed value · 2023$850k
Assessed land$514k
Assessed improvement$336k
Effective rate2.60%

Value estimate

· Sep 2026
$605k
$545k – $666k
AI approach$760k
Submarket $/SF estimate$1.11M

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.7
Convenience Store8.8
Electrical Service8.4

Location

3801 Lincoln Hwy Merrillville, IN 46410-5809
County assessor Recorded deeds · 9 transfers 5 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
4000 Lincoln, Merrillville, IN 46410-4371 $1,150,000 Dec 2024 8,668 SF
8687 Connecticut, Merrillville, IN 46410-6361 $2,288,781 Feb 2024 7,855 SF
8021 Cleveland, Merrillville, IN 46410-5303 $165,000 Jan 2024 10,192 SF
300 90th, Merrillville, IN 46410-7188 $1,100,000 Dec 2023 10,348 SF
2111 Lincoln, Merrillville, IN 46410-5334 $650,000 Jun 2022 7,203 SF
3313 83rd, Merrillville, IN 46410-6544 $602,500 May 2019 9,639 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
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