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    Property profile & analytics

    1701 Broadway Gary, IN 46407-2238

    • Medical offices
    • 6,110 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US31-0801317
    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

    • Hanifa Waarith / Family Practice Physician
    • Gary City Urgent And Immediate Care / Urgent Care Center

    Property Details for 1701 Broadway

    Year built
    1990
    Construction
    WOOD
    Lot size
    0.36 lot acres
    Property size
    6,110 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    45-08-10-309-001.000-004
    APU
    450810309001000004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $450,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $435,000
      Mixed-Use
      $370,000
      Hospitality
      $405,000
      Educational
      $370,000
      Residential Income
      $450,000
      Energy
      $395,000
      Income-Based Land
      $380,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3365
    Latitude
    41.5857
    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
    $6,394
    $21,600
    $161,500
    $183,100
    -
    $21,600
    $161,500
    $183,100

    Comparable in this City

    • Value Estimation
      $330,000
      2,624 SF

      1400 Broadway

      MEDICAL BUILDING • 2,624 SF
      1400 Broadway, Gary, IN 46407-1310
      View Details
    • Value Estimation
      $495,000
      25,452 SF

      2320 Jefferson St

      HOMES (RETIRED, NURSING) • 25,452 SF
      2320 Jefferson St, Gary, IN 46407
      View Details
    • Value Estimation
      $350,000
      9,994 SF

      700 21st Ave, Unit 30

      HOMES (RETIRED, NURSING) • 9,994 SF
      700 21st Ave, Gary, IN 46407-2726
      View Details
    • Value Estimation by Request
      89,268 SF

      1320 19th Ave

      OFFICE (GENERAL) • 89,268 SF
      1320 19th Ave, Gary, IN 46407-2856
      View Details
    • Value Estimation by Request
      3,971 SF

      2013 21st Ave, Unit 25

      OFFICE (GENERAL) • 3,971 SF
      2013 21st Ave, Gary, IN 46407-1695
      View Details
    • Value Estimation by Request
      4,408 SF

      308 21st Ave

      OFFICE (GENERAL) • 4,408 SF
      308 21st Ave, Gary, IN 46407-2618
      View Details

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      Gary, IN Triplex Opportunity

      Gutted triplex ready for transformation in up-and-coming Gary.
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    • Contact for pricing

      Land Available in Gary, Indiana

      Land for sale at 2301 Broadway, Gary, Indiana.
      2301 Broadway, Gary, IN 46407
      View Details
    • New
      Contact for pricing
      0.08 Acres

      Vacant Land Ready For Construction

      Vacant lot with utilities ready for dream home construction.
      1141 Fillmore St, Gary, IN 46407
      View Details
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    1701 Broadway
    Gary, IN 46407-2238
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    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
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