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    Property profile & analytics

    2600 5th Ave Gary, IN 46402-1605

    • Warehouses
    • 166,163 SF
    • 13.23 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 28, 2022
    Location Intelligence
    Property ID
    US31-1139201
    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

    • Fifth Avenue United Methodist Church / United Methodist Church
    • Alliance Tubular Products / Manufacturer / Metal Industry Suppliers
    • Alliance Fabrication & Manufacturing / Metal Fabricator

    Property Details for 2600 5th Ave

    Year built
    1927
    Construction
    WOOD
    Lot size
    13.23 lot acres
    Property size
    166,163 SF
    Property type
    Warehouses
    APN
    45-08-02-376-006.000-004
    APU
    450802376006000004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.311
    Latitude
    41.5979
    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
    $56,037
    $595,400
    $2,220,500
    $2,815,900
    -
    $595,400
    $2,220,500
    $2,815,900

    Comparable in this City

    • 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
      $660,000
      65,700 SF

      219 Virginia St

      WAREHOUSE, STORAGE • 65,700 SF
      219 Virginia St, Gary, IN 46402-1337
      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
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      Gary Multi-Unit Investor Opportunity

      Two 3-bedroom units, full rehab needed, strong rental demand.
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      View Details
    • $275,000

      Land For Sale

      Land available for sale in Merrillville, Indiana.
      Broadway, Merrillville, 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
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    • $249,900
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      Turn-Key Triplex: Updated Investment

      Renovated triplex with income potential in Gary, Indiana.
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    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
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    2600 5th Ave
    Gary, IN 46402-1605
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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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