Financial
Distress signals
Property profile

1561 93rd Ave 99 Merrillville, IN 46410

OFF-MARKET
Other industrial properties
Property ID
US31-0195392
20,475 SF 2.2 ac lot Built 2004
Last sale Jul 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two flex units designed to support a range of uses including office, warehouse, showroom, and some retail applications. Unit 1577 contains 2,880 square feet and includes a 12-foot rear overhead door, 14-foot ceilings, three offices, a kitchen area, and a small warehouse area. Unit 1593 contains 2,675 square feet and is configured as an open concept space with 14-foot ceilings, a 12-foot rear overhead door, and a bathroom. The building is located at the southeast corner…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value · 2023$972k
Assessed land$203k
Assessed improvement$769k
Effective rate2.15%

Value estimate

· Sep 2026
$550k
$495k – $605k
AI approach$550k
Submarket $/SF estimate$723k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R33
JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency8.9
Hair Salon8.9
Garden Center8.8

Location

1561 93rd Ave, Unit 99 Merrillville, IN 46410-6483
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9171 Louisiana, Merrillville, IN 46410-7156 $931,830 Aug 2022 10,640 SF
1402 86th, Merrillville, IN 46410-6342 $1,555,000 Oct 2021 27,981 SF
9070 Louisiana, Merrillville, IN 46410-7155 $1,500,000 Jul 2021 30,000 SF
1575 89th, Merrillville, IN 46410-7197 $315,000 Apr 2021 10,192 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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