Entity Owned Property summary
Invest in three exceptional retail outlots totaling 76,307 square feet, strategically located in Hobart, Indiana, at 1403 & 1501 S Lake Park Ave, zip code 46342. These three separate parcels, ranging from 0.41 to 0.57 acres each, boast ample parking and are situated directly across from St. Mary's Medical Center, employing over 2,000 individuals. The Pavilions retail plaza, where these outlots reside, benefits from high visibility due to multiple pylon signs and a daily traffic count… approaching 15,000 vehicles on Lake Park Avenue (State Road 51). The property's location offers easy access to I-65, providing convenient access to Chicago. The existing retail center features a diverse tenant mix, including retail and office users, creating a vibrant and established commercial environment. The outlots are zoned PUD and were built in 2002. This presents a unique opportunity to acquire individual lots or the entire assemblage, ideal for various commercial ventures. The 16.11-acre site offers significant potential for development and growth within a thriving community. The property's prime location and high visibility make it an attractive investment opportunity for businesses seeking exposure to a substantial customer base. The lots are individually sellable or can be purchased as a package.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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