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Financial
Distress signals
Property profile

1777 81st Ave Merrillville, IN 46410

OFF-MARKET
Auto shops
Property ID
US31-0710782
16,652 SF 3.16 ac lot Built 1992
Last sale Jul 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$40k
Tax billed · 2022
Assessed value · 2023$1.92M
Assessed land$963k
Assessed improvement$956k
Effective rate2.09%

Value estimate

· Oct 2026
$820k
$738k – $902k
AI approach$595k
Submarket $/SF estimate$1.05M

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency18.5
Wholesale Shop15.7
HVAC Service14.1

Location

1777 81st Ave Merrillville, IN 46410
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6349 Broadway, Merrillville, IN 46410-3005 $1,050,000 Nov 2024 11,519 SF
1710 81st, Merrillville, IN 46410-5349 $1,870,000 Jul 2024 20,142 SF
1407 Lincoln, Merrillville, IN 46410-5327 $575,000 Feb 2024 4,100 SF
6491 Broadway, Merrillville, IN 46410-3007 $900,000 Jul 2022 12,514 SF
6300 Broadway, Merrillville, IN 46410-3006 $950,000 Aug 2021 27,488 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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