Property profile

1500 89th Ave Merrillville, IN 46410

OFF-MARKET
Industrial land
Property ID
US31-0900468
0.95 ac lot
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.95 ac (41,382 SF)
APN 45-12-27-427-010.000-030
UPID US31-0900468

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service Computer & Electronic Repair
  • High School
  • Auto Repair Shop
  • IT Consulting Firm Tech Support Center
  • Power Plant Equipment Supplier

Location

1500 89th Ave Merrillville, IN 46410-7276
Merrillville metro Census 42302 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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