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

    1201 Rdg Rd Griffith, IN 46319-1461

    • Turn key restaurants
    • 2,904 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 16, 2023
    Location Intelligence
    Property ID
    US31-0482917
    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

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 1201 Rdg Rd

    Year built
    1975
    Construction
    WOOD
    Lot size
    1.08 lot acres
    Property size
    2,904 SF
    Property type
    Turn key restaurants
    APN
    45-07-26-228-001.000-006
    APU
    450726228001000006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Griffith
    County
    Lake
    State
    Indiana
    Longitude
    -87.4152
    Latitude
    41.5493
    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
    $22,313
    $337,000
    $489,500
    $826,500
    -
    $337,000
    $489,500
    $826,500

    Comparable in this City

    • Value Estimation
      $400,000
      5,276 SF

      840 Broad St

      RESTAURANT • 5,276 SF
      840 Broad St, Griffith, IN 46319-3110
      View Details
    • Value Estimation
      $380,000
      2,604 SF

      430 Rdg Rd

      RESTAURANT • 2,604 SF
      430 Rdg Rd, Griffith, IN 46319-1018
      View Details
    • Value Estimation by Request
      2,515 SF

      440 Rdg Rd

      RESTAURANT • 2,515 SF
      440 Rdg Rd, Griffith, IN 46319-1018
      View Details
    • Value Estimation by Request
      2,156 SF

      105 Rdg Rd

      RESTAURANT • 2,156 SF
      105 Rdg Rd, Griffith, IN 46319-1139
      View Details
    • Value Estimation
      $365,000
      5,312 SF

      222 Rdg Rd

      RESTAURANT • 5,312 SF
      222 Rdg Rd, Griffith, IN 46319-1142
      View Details
    • Value Estimation by Request
      3,948 SF

      101 Rdg Rd, Unit 5

      RESTAURANT • 3,948 SF
      101 Rdg Rd, Griffith, IN 46319-1139
      View Details

    Similar Nearby for Sale

    • $1,174,700
      5,564 SF

      Turnkey Restaurant & Event Venue

      Fully renovated restaurant with event-ready patio on 1.6 acres.
      840 S Broad St, Griffith, IN 46319
      View Details
    • $37,000
      0.22 Acres

      Vacant Land in Griffith, Indiana

      Vacant land suitable for residential or rental property development.
      138 N Rensselaer Ave, Griffith, IN 46319
      View Details
    • $245,000
      1.76 Acres

      Griffith Land Near Downtown

      1.76 acre land parcel near downtown Griffith, Indiana.
      937-1009 N Broad St, Griffith, IN 46319
      View Details
    • $1,247,700
      1.60 Acres

      Griffith, IN Commercial Property

      Prime Griffith location, renovated building, 1.6 acres.
      840 Broad St, Griffith, IN 46319
      View Details
    • $39,000
      0.83 Acres

      Griffith Land Ready to Build

      0.83-acre lot ready for construction in Griffith, Indiana.
      132 James Rd, Griffith, IN 46319
      View Details
    • $115,000
      912 SF

      Griffith, IN Office Space

      Affordable office rentals suitable for business or medical use.
      425 N Broad St, Griffith, IN 46319
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      5,500 SF

      Downtown Retail Space Available

      Retail space in Griffith's vibrant downtown area for rent.
      213 N Broad St, Griffith, IN 46319
      View Details
    • $18 SF/Yr
      40,390 SF

      Griffith Retail Plaza Investment

      Highly visible retail space, prime location.
      1815-1955 Glen Park Ave, Griffith, IN 46319
      View Details
    • $11 SF/Yr
      4,880 SF

      Industrial Units in Gatlin Park

      Two 4,880 SF industrial units available for lease.
      1321-1325 Main St, Griffith, IN 46319
      View Details
    • $4,200,000
      19,250 SF

      Warehouse Space Near I-80/94

      19,250 SF warehouse space with customizable layout available for rent.
      500 E Ridge Rd, Griffith, IN 46319
      View Details
    • $5,200 /Mo
      4,200 SF

      Industrial Unit with Outdoor Storage

      4200 SF industrial unit with office and outdoor storage.
      139 Gatlin Dr, Griffith, IN 46319
      View Details
    • $1,750 /Mo
      1,200 SF

      Office Space for Rent

      Office space available for rent in Griffith, Indiana.
      112 East Ridge Rd, Griffith, IN 46319
      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.
    1201 Rdg Rd
    Griffith, IN 46319-1461
    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.