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    Property profile & analytics

    1939 Indianapolis Blvd Whiting, IN 46394-1509

    • Retail space
    • 14,618 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 14, 2022
    Location Intelligence
    Property ID
    US31-1107806
    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

    • Walgreens / Beauty Supply Store / Convenience Store
    • FedEx OnSite / Mailing Service
    • Walgreens Pharmacy / Pharmacy
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
    • Walgreens Photo / Passport Photo Processor / Photo Lab

    Property Details for 1939 Indianapolis Blvd

    Year built
    2008
    Construction
    WOOD
    Lot size
    0.78 lot acres
    Property size
    14,618 SF
    Property type
    Retail space
    APN
    45-03-07-256-019.000-025
    APU
    450307256019000025

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Whiting
    County
    Lake
    State
    Indiana
    Longitude
    -87.4979
    Latitude
    41.6785
    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
    $55,413
    $1,030,600
    $941,900
    $1,972,500
    -
    $1,030,600
    $941,900
    $1,972,500

    Comparable in this City

    • Value Estimation by Request
      336 SF

      1908 Clark St

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    • Value Estimation by Request
      13,809 SF

      2031 Indianapolis Blvd

      RETAIL STORES (PERSONAL SERVICES) • 13,809 SF
      2031 Indianapolis Blvd, Whiting, IN 46394-1950
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    • Value Estimation by Request
      7,461 SF

      1501 119th St, Unit 11

      RETAIL STORES (PERSONAL SERVICES) • 7,461 SF
      1501 119th St, Whiting, IN 46394-1732
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    • Value Estimation
      $430,000
      10,736 SF

      1406 119th St

      RETAIL STORES (PERSONAL SERVICES) • 10,736 SF
      1406 119th St, Whiting, IN 46394
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    • Value Estimation
      $305,000
      1,800 SF

      1522 Indianapolis Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      1522 Indianapolis Blvd, Whiting, IN 46394-1135
      View Details
    • Value Estimation
      $455,000
      13,242 SF

      512 Temple Ct

      RETAIL STORES (PERSONAL SERVICES) • 13,242 SF
      512 Temple Ct, Whiting, IN 46394
      View Details

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    Similar Nearby for Lease

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    1939 Indianapolis Blvd
    Whiting, IN 46394-1509
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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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