Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    219 Virginia St Gary, IN 46402-1337

    • Warehouses
    • 65,700 SF
    • 7.20 lot acres
    OFF-MARKET
    Value Estimation
    $660,000
    Last Sale
    Aug 31, 2022
    Location Intelligence
    Property ID
    US31-0450347
    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

    • Crystal Clean / Waste Management Service
    • Shamrock Warehouse / Warehouse
    • Anchor Seals Inc / Metal Fabricator

    Property Details for 219 Virginia St

    Year built
    1921
    Construction
    WOOD
    Lot size
    7.20 lot acres
    Property size
    65,700 SF
    Zone code
    301
    Property type
    Warehouses
    APN
    45-08-03-202-001.000-004
    APU
    450803202001000004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $645,000

    • CAP approach

      CAP return
      Estimation
      6%
      $830,000
      6.5%
      $710,000
      7%
      $690,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $705,000
      Geo Method
      $825,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $840,000
      Retail
      $730,000
      Mixed-Use
      $850,000
      Hospitality
      $720,000
      Educational
      $670,000
      Residential Income
      $825,000
      Energy
      $635,000
      Income-Based Land
      $760,000
      Food Service
      $650,000

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3264
    Latitude
    41.606
    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
    $23,926
    $282,000
    $549,200
    $831,200
    -
    $282,000
    $549,200
    $831,200

    Comparable in this City

    • Value Estimation by Request
      166,163 SF

      2600 5th Ave

      WAREHOUSE, STORAGE • 166,163 SF
      2600 5th Ave, Gary, IN 46402-1605
      View Details
    • Value Estimation by Request
      113,394 SF

      1065 Broadway

      STORAGE YARD, OPEN STORAGE • 113,394 SF
      1065 Broadway, Gary, IN 46402-2907
      View Details
    • Value Estimation
      $355,000
      5,040 SF

      219 10th St

      WAREHOUSE, STORAGE • 5,040 SF
      219 10th St, Gary, IN 46402
      View Details
    • Value Estimation
      $600,000
      32,854 SF

      2090 15th Ave

      WAREHOUSE, STORAGE • 32,854 SF
      2090 15th Ave, Gary, IN 46402-3005
      View Details
    • Value Estimation
      $640,000
      20,493 SF

      100 Madison

      STORAGE YARD, OPEN STORAGE • 20,493 SF
      100 Madison, Gary, IN 46402
      View Details
    • Value Estimation by Request
      12,200 SF

      1900 7th Ave

      STORAGE YARD, OPEN STORAGE • 12,200 SF
      1900 7th Ave, Gary, IN 46402-1610
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,814 SF

      Freestanding Office Building in Merrillville

      Turnkey office building near I-65 and US 30.
      8401 Ohio St, Merrillville, IN 46402
      View Details
    • $200,000
      0.24 Acres

      Downtown Gary Development Opportunity

      Prime location near planned revitalization, ideal for high-density housing.
      420 Adams St, Gary, IN 46402
      View Details
    • $54,000
      0.09 Acres

      Gary Multi-Unit Investor Opportunity

      Two 3-bedroom units, full rehab needed, strong rental demand.
      1072 Van Buren St, Gary, IN 46402
      View Details
    • $69,900
      0.09 Acres

      Two-Story Brick Apartment Building

      Two-story brick apartment building with walkout basement. Needs work.
      640 Polk St, Gary, IN 46402
      View Details
    • $249,900
      Pending

      Turn-Key Triplex: Updated Investment

      Renovated triplex with income potential in Gary, Indiana.
      830 W 11Th Ave, Gary, IN 46402
      View Details
    • $275,000

      Land For Sale

      Land available for sale in Merrillville, Indiana.
      Broadway, Merrillville, IN 46402
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      1,109 SF

      Merrillville Office Space Available

      1,109 SF office space for lease in Merrillville, Indiana.
      8941 Broadway, Merrillville, IN 46402
      View Details
    • $6 SF/Yr
      60,000 SF

      Retail Space in Vibrant Corridor

      Retail space with high-traffic co-tenants and convenient highway access.
      6110 Broadway, Merrillville, IN 46402
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    219 Virginia St
    Gary, IN 46402-1337
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.