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    Property profile & analytics

    2055 Sherman St Hammond, IN 46320-2917

    • Industrial land
    • 1,112 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 22, 2021
    Location Intelligence
    Property ID
    US31-1019008
    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

    • Industrial land

    Property Details for 2055 Sherman St

    Year built
    1970
    Lot size
    0.14 lot acres
    Property size
    1,112 SF
    Property type
    Industrial land
    APN
    45-07-05-452-013.000-023
    APU
    450705452013000023

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.4786
    Latitude
    41.5987
    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
    $732
    $27,700
    $0.00
    $27,700
    -
    $27,700
    $0.00
    $27,700

    Comparable in this City

    • Value Estimation by Request
      20.06 Acres

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      45.42 Acres

      1134 Indianapolis Blvd

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      7.07 Acres

      1128 Indianapolis Blvd

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      1.52 Acres

      11 Industrial Rd

      INDUSTRIAL - VACANT LAND • 52,360 SF
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    • Value Estimation by Request
      0.63 Acres

      2152 Sherman St

      INDUSTRIAL - VACANT LAND • 0.63 Acres
      2152 Sherman St, Hammond, IN 46320-2918
      View Details
    • Value Estimation by Request
      0.14 Acres

      140 Industrial Rd

      INDUSTRIAL - VACANT LAND • 0.14 Acres
      140 Industrial Rd, Hammond, IN 46320-1214
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.13 Acres

      Residential Lot in Hammond, Indiana

      Vacant residential lot available in Hammond, Indiana.
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      0.10 Acres

      Residential Lot Near Chicago Access

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      0.12 Acres

      Hammond, Indiana Unimproved Land Parcels

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      Industrial Land Available For Sale

      Industrial land available for sale, subject to offer.
      11 Industrial Rd, Hammond, IN 46320
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    • $125,000

      Hammond Commercial Land For Sale

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    Similar Nearby for Lease

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      68,400 SF

      Hammond Industrial Space Available

      Modern warehouse, multiple suites, 68,400 sqft
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    • $12 SF/Yr
      1,576 SF

      Hammond Office Space For Rent

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    2055 Sherman St
    Hammond, IN 46320-2917
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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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