1050 84th Dr 1100 Merrillville, IN 46410-6686
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.
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Barbs Classic K-9 Cuts Pet Grooming Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R33 · Merrillville, INCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.