1777 81st Ave Merrillville, IN 46410
Property profile & analytics
1777 81st Ave Merrillville, IN 46410
- Auto shops
- 16,652 SF
- 3.16 lot acres
Property ID
US31-0710782
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.
Location Intelligence
Current Use by Public Records
- Auto shops
Property Details for 1777 81st Ave
- Year built
- 1992
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.16 lot acres
- Property size
- 16,652 SF
- Property type
- Auto shops
- APN
- 45-12-20-427-007.000-030
- APU
- 451220427007000030
Description
This 14,412 square foot free-standing building, situated on a 3.16-acre lot in Merrillville, Indiana, presents a unique opportunity. Previously used as an auto dealership, the property boasts a prime location directly on US 30 (W. 81st Ave), offering maximum visibility to high traffic volume. Its convenient proximity to I-65 (less than 2 miles via US 30) ensures excellent accessibility. The building, constructed in 1992, includes a spacious showroom, multiple offices, conference rooms, and breakrooms. A substantial service and parts department features eight lifts and multiple drive-in doors. Ample parking is available, with room for approximately 190-200 vehicles. The property benefits from its location within a strong retail trade area in Northwest Indiana, surrounded by other dealerships (Hyundai, Infiniti, Ford, Cadillac) and national retailers (Aldi, Gordon Food Service, Starbucks, Meijer, At Home, and more). The entire 14,412 square feet is currently vacant and ready for immediate occupancy. This property is zoned for commercial use in Lake County, Indiana, zip code 46410.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $595,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,045,000
Market price range: $467k - $1.37M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $910,000 Current use
- RESTAURANT
- $1,160,000 Change: +27% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $960,000 Change: +5% Conversion: Difficult
- RETAIL STORES
- $785,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Merrillville
- County
- Lake
- State
- Indiana
- Longitude
- -87.3572
- Latitude
- 41.47
- 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
$40,100
$962,500
$956,200
$1,918,700
-
$962,500
$956,200
$1,918,700
