Property profile

1 81st Ave Merrillville, IN 46410

OFF-MARKET
Turn key restaurants
Property ID
US31-0674638
3,078 SF 2.3 ac lot Built 2008
Entity Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2008
Construction WOOD
Total area 3,078 SF
Lot 2.3 ac (100,188 SF)
APN 45-12-22-301-001.000-030
UPID US31-0674638

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Restaurant Take-out & Catering
  • Atm
  • Atm
  • Atm

Location

1 81st Ave Merrillville, IN 46410-5526
Merrillville metro Census 42509 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$145k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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