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    1050 84th Dr, Unit 1100 Merrillville, IN 46410-6686
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    Property profile & analytics

    1050 84th Dr, Unit 1100 Merrillville, IN 46410-6686


    • Strip malls
    • 16,830 SF
    • 1.89 lot acres
    Off-Market
    Property ID
    US31-0685457
    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.

    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Barbs Classic K-9 Cuts / Pet Grooming Service

    Property Details for 1050 84th Dr

    Year built
    2006
    Construction
    WOOD
    Lot size
    1.89 lot acres
    Property size
    16,830 SF
    Zone code
    R33
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    45-12-21-451-003.000-030
    APU
    451221451003000030

    Description

    This exceptional 1,200 square foot retail storefront is located within the 16,830 square foot Avondale Plaza, situated on a 1.88-acre lot at a prominent stoplight corner in Merrillville, Indiana. The space is newly remodeled and boasts excellent visibility with frontage on Merrillville Road. This C-2 zoned property (APN: 45-12-21-451-003.000-030, Lake County) offers 279 feet of frontage on Merrillville Road and 303 feet on 84th Drive, providing unparalleled exposure to high vehicular traffic. The plaza is home to established businesses including Sylvan Learning Center, Lake County Bar Association, and Barb's Classic K-9 Cuts, ensuring a strong tenant mix. The building, constructed in 2006, includes 98 parking spaces for ample customer convenience. Its strategic location is just one block south of US Highway 30/Merrillville Road, two blocks west of Broadway (SR 53), and less than a mile east of the I-65/US Highway 30 interchange, providing easy access for customers and employees. Nearby amenities include Meijer, Wendy's, Walgreens, and the Ross Plaza shopping center, further enhancing its appeal. Merrillville's status as Lake County's largest town, combined with its low tax rate, makes this an attractive investment opportunity. The property is ideal for a variety of retail, office, or restaurant uses. The minimum divisible space is 1,200 sq ft, with a maximum contiguous space also of 1,200 sq ft.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $455,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $611,000
      Market price range: $379k - $638k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $480,000
      Current use
      RETAIL STORES
      $795,000
      Change: +66% Conversion: Easy
      MEDICAL BUILDING
      $690,000
      Change: +44% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $685,000
      Change: +43% Conversion: Easy
      WAREHOUSE, STORAGE
      $585,000
      Change: +22% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3449
    Latitude
    41.4657
    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
    $26,634
    $154,500
    $1,120,500
    $1,275,000
    -
    $154,500
    $1,120,500
    $1,275,000
    More about this property
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