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    Property profile & analytics

    1010 Rdg Rd Griffith, IN 46319-1356

    • Office Properties & Spaces
    • 6,227 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US31-0409634
    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

    • Griffith Animal Hospital: Sako Erin DVM / Veterinarian
    • Griffith Animal Hospital: Barenia Jennifer DVM / Veterinarian
    • Griffith Animal Hospital P.C. / Veterinarian / Pet Boarding Service

    Property Details for 1010 Rdg Rd

    Year built
    1995
    Construction
    WOOD
    Lot size
    0.44 lot acres
    Property size
    6,227 SF
    Property type
    Office Properties & Spaces
    APN
    45-07-26-226-004.000-006
    APU
    450726226004000006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $380,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $430,000
      Mixed-Use
      $375,000
      Hospitality
      $440,000
      Educational
      $360,000
      Residential Income
      $435,000
      Energy
      $375,000
      Income-Based Land
      $385,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Griffith
    County
    Lake
    State
    Indiana
    Longitude
    -87.4165
    Latitude
    41.5503
    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
    $20,224
    $140,000
    $368,700
    $508,700
    -
    $140,000
    $368,700
    $508,700

    Comparable in this City

    • Value Estimation by Request
      7,839 SF

      20 45th Ave

      OFFICE (GENERAL) • 7,839 SF
      20 45th Ave, Griffith, IN 46319
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    • Value Estimation by Request
      9,920 SF

      111 Broad St

      OFFICE (GENERAL) • 9,920 SF
      111 Broad St, Griffith, IN 46319-2218
      View Details
    • Value Estimation by Request
      15,516 SF

      1235 Gln Park Ave

      OFFICE (GENERAL) • 15,516 SF
      1235 Gln Park Ave, Griffith, IN 46319-2561
      View Details
    • Value Estimation
      $325,000
      4,297 SF

      611 Main St

      OFFICE (GENERAL) • 4,297 SF
      611 Main St, Griffith, IN 46319-2776
      View Details
    • Value Estimation
      $370,000
      5,800 SF

      2001-21 45th Ave

      OFFICE (GENERAL) • 5,800 SF
      2001-21 45th Ave, Griffith, IN 46319
      View Details
    • Value Estimation
      $300,000
      912 SF

      425 Broad St

      OFFICE (GENERAL) • 912 SF
      425 Broad St, Griffith, IN 46319-2223
      View Details

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    Similar Nearby for Lease

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      Office space available for rent in Griffith, Indiana.
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      Industrial Units in Gatlin Park

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    • $3,500 /Mo
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      Downtown Retail Space Available

      Retail space in Griffith's vibrant downtown area for rent.
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      10,175 SF

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      10,175 SF industrial building with office and warehouse space.
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      View Details
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    1010 Rdg Rd
    Griffith, IN 46319-1356
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    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
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