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Property profile & analytics
OFF-MARKET Estimated value $590,000
Medical Office Space

10120 Calumet Ave Munster, IN 46321-4075

25,910 SF 2.06 ac lot Built 2018
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US31-3197673
Property summary
AI-generated overview

This exceptional Class A executive office suite, totaling 1,777 square feet, is ideally situated at 10120 Calumet Avenue in Munster, Indiana, zip code 46321. The property is a single-tenant space, offering complete privacy and control. The building boasts a modern design and high-quality finishes, reflecting its prestigious Class A designation. The entire 1,777 square feet is currently vacant and immediately available for lease, presenting a unique opportunity for a business seeking a move-in ready space. The location in Munster, Indiana provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. This is a perfect solution for a company seeking a sophisticated and efficient workspace in a prime location. The property's single-tenant occupancy eliminates the complexities of shared spaces, allowing for seamless operations and a tailored environment. The ample square footage provides flexibility for various office configurations, accommodating diverse business needs. This turnkey solution offers immediate occupancy, minimizing downtime and maximizing productivity from day one. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is located at 41.484416 latitude and -87.5099057 longitude.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2018
Construction TYPE NOT SPECIFIED
Total area 25,910 SF
Lot 2.06 ac (89,734 SF)
APN 45-06-36-426-006.000-027
UPID US31-3197673
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Steven F. Mischel, DO Physician Medical Clinic
  • Asim Chughtai, MD Physician Medical Clinic
  • Anil Ramesh, MD; Main Office Physician Medical Clinic
  • Northwest Indiana Nephrology Associates; Munster Office Physician Medical Clinic
  • American Renal Associates - Munster Dialysis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
$727k
Blend (final) Blend
$590k
Owner & transaction history
Dql Enterprises LLC · 3 yrs held
Dql Enterprises LLC
since 2022
2 recorded transactions
2022
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $835,000 +38.4%
Industrial (general) $815,000 +34.8%
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