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Property profile & analytics
OFF-MARKET
Commercial real estate

156 142nd St Hammond, IN 46327-1212

2,990 SF 0.08 ac lot Built 1917
Individually Owned Free & Clear
Property ID
US31-0499294
Property summary
AI-generated overview

This exceptional commercial property, located at 156 142nd Street in Hammond, Indiana, presents a unique investment opportunity. Spanning 0.08 acres, this lot offers significant potential for a variety of commercial ventures. Its strategic location within Hammond provides easy access to major transportation routes, ensuring high visibility and convenient accessibility for customers and employees. The property's size is ideal for smaller-scale businesses seeking a prominent presence in a thriving community. The asking price of $169,000 represents a compelling value for a property of this caliber in this desirable location. This is a blank canvas ready for your vision, allowing for the development of a building tailored to your specific business needs. The absence of existing structures provides complete flexibility in design and construction, maximizing the potential return on investment. Given the limited availability of commercial land in this area, this property is expected to attract considerable interest. Serious inquiries are encouraged to explore this promising opportunity to establish a successful business in a dynamic and growing market. The property is classified as "Other" in terms of property type, offering a wide range of potential uses subject to local zoning regulations. Further due diligence is recommended to confirm suitability for intended purposes. Don't miss this chance to acquire a valuable piece of Hammond real estate.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1917
Construction WOOD
Total area 2,990 SF
Lot 0.08 ac (3,354 SF)
APN 45-02-25-130-007.000-023
UPID US31-0499294
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mister Joe's Inc Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jerett Glasper
Jerett Glasper
since 2026
2 recorded transactions
2026
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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