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    Property profile & analytics

    2847 165th St Hammond, IN 46323-1158

    • Grocery and convenience stores
    • 2,316 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 25, 2021
    Location Intelligence
    Property ID
    US31-0641816
    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

    • Witham's / Gas Station

    Property Details for 2847 165th St

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.37 lot acres
    Property size
    2,316 SF
    Property type
    Grocery and convenience stores
    APN
    45-07-04-455-019.000-023
    APU
    450704455019000023

    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
    -87.4595
    Latitude
    41.5959
    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
    $45,633
    $775,100
    $475,100
    $1,250,200
    -
    $775,100
    $475,100
    $1,250,200

    Comparable in this City

    • Value Estimation
      $340,000
      416 SF

      3707 169th St

      CONVENIENCE STORE • 416 SF
      3707 169th St, Hammond, IN 46323-2568
      View Details
    • Value Estimation
      $420,000
      1,911 SF

      7345 Kennedy Ave

      CONVENIENCE STORE • 1,911 SF
      7345 Kennedy Ave, Hammond, IN 46323-2648
      View Details
    • Value Estimation
      $405,000
      1,566 SF

      6502 Kennedy Ave, Unit 6

      CONVENIENCE STORE • 1,566 SF
      6502 Kennedy Ave, Hammond, IN 46323-1541
      View Details
    • Value Estimation
      $315,000
      1,687 SF

      3151 Orch Dr

      CONVENIENCE STORE • 1,687 SF
      3151 Orch Dr, Hammond, IN 46323-2303
      View Details
    • Value Estimation
      $1,440,000
      1,827 SF

      3550 169th St

      CONVENIENCE STORE • 1,827 SF
      3550 169th St, Hammond, IN 46323-2543
      View Details
    • Value Estimation
      $485,000
      1,813 SF

      7305 Kennedy Ave

      CONVENIENCE STORE • 1,813 SF
      7305 Kennedy Ave, Hammond, IN 46323-2648
      View Details

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    • $320,000
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      one bedroom apt

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    • $625,000
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    • Contact for pricing
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    Hammond, IN 46323-1158
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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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