Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1001 5th Ave, Unit 1015 Hammond, IN 46320-1004

    • Strip malls
    • 14,440 SF
    • 1.41 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 23, 2023
    Location Intelligence
    Property ID
    US31-3206822
    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

    • Strip malls

    Property Details for 1001 5th Ave

    Year built
    2018
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.41 lot acres
    Property size
    14,440 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    45-02-01-251-002.000-023
    APU
    450201251002000023

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.5169
    Latitude
    41.6948
    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
    $96,286
    $799,200
    $1,859,300
    $2,658,500
    -
    $799,200
    $1,859,300
    $2,658,500

    Comparable in this City

    • Value Estimation by Request
      51,124 SF

      1301 165th St, Unit 13

      SHOPPING CENTER, STRIP CENTER • 51,124 SF
      1301 165th St, Hammond, IN 46320-2802
      View Details
    • Value Estimation by Request
      9,870 SF

      1810 165th St

      SHOPPING CENTER, STRIP CENTER • 9,870 SF
      1810 165th St, Hammond, IN 46320-2823
      View Details
    • Value Estimation by Request
      55,357 SF

      1101 5th Ave, Unit 1113

      SHOPPING CENTER, STRIP CENTER • 55,357 SF
      1101 5th Ave, Hammond, IN 46320-1002
      View Details
    • Value Estimation by Request
      6,100 SF

      1229 165th St, Unit 31

      SHOPPING CENTER, STRIP CENTER • 6,100 SF
      1229 165th St, Hammond, IN 46320-2746
      View Details
    • Value Estimation
      $765,000
      46,000 SF

      5550 Sohl Ave

      SHOPPING CENTER, STRIP CENTER • 46,000 SF
      5550 Sohl Ave, Hammond, IN 46320-2086
      View Details
    • Value Estimation by Request
      186,368 SF

      1233 165th St

      WHOLESALE OUTLET, DISCOUNT STORE • 186,368 SF
      1233 165th St, Hammond, IN 46320-2746
      View Details

    Similar Nearby for Sale

    • $799,000
      10,044 SF

      Hammond Mixed-Use Commercial Property

      Prime location, versatile spaces, high potential.
      5320-5324 Hohman Ave, Hammond, IN 46320
      View Details
    • $369,000
      4,977 SF

      Free-Standing Building on Corner Lot

      4,977 SF building suitable for retail, service, or flex uses.
      5646 Hohman Ave, Hammond, IN 46320
      View Details
    • $355,000
      3,240 SF

      Versatile Commercial Building in Hammond

      3,200 sq ft commercial building on a double lot.
      917 Conkey St, Hammond, IN 46320
      View Details
    • New
      $259,000
      2,012 SF

      Hammond Bar/Restaurant Opportunity

      Bar/Restaurant opportunity in Hammond, Indiana on a high-traffic corner.
      1403 Michigan St, Hammond, IN 46320
      View Details
    • $775,000
      6,161 SF

      Hammond Event Center - $775K

      Prime Location, Event Space, Apartments
      474 Fayette St, Hammond, IN 46320
      View Details
    • Contact for pricing
      836 SF

      Former Bank Branch on Corner

      Former bank branch ideal for reuse or redevelopment.
      5545 S Hohman Ave, Hammond, IN 46320
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      68,400 SF

      Hammond Industrial Space Available

      Modern warehouse, multiple suites, 68,400 sqft
      2320 Michigan St, Hammond, IN 46320
      View Details
    • $12 SF/Yr
      1,576 SF

      Hammond Office Space For Rent

      Office space in Hammond with flexible layout and aggressive rates.
      5250-5252 Hohman Ave, Hammond, IN 46320
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1001 5th Ave, Unit 1015
    Hammond, IN 46320-1004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.