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Property profile & analytics

401 81St Ave Merrillville, IN 46410

  • Strip malls
  • 32,287 SF
  • 2.71 lot acres
Value Estimation
Location Intelligence
Property ID
US31-0659888
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

  • Verizon / Cell Phone Store / Telephone Company
  • Verizon Business Services / Business To Business Service

Property Details for 401 81St Ave

Year built
1985
Construction
WOOD
Lot size
2.71 lot acres
Property size
32,287 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
45-12-21-402-003.000-030
APU
451221402003000030

Description

This exceptional retail opportunity is located in the highly desirable Ross Plaza, situated on US 30 in Merrillville, Indiana. The property boasts a prime location within a shadow-anchored power center, benefiting from its proximity to a major national tenant, Meijer. This ensures high traffic volume and excellent visibility for potential tenants. Two retail spaces are currently available, ranging in size from 1,600 to 2,535 square feet, providing flexibility for various business needs. The center enjoys a highly accessible location, with a signalized entrance directly from US 30, ensuring easy access for customers. Merrillville Road, a main thoroughfare, provides convenient access from nearby residential neighborhoods. This strategic location on a major roadway, combined with the presence of a significant anchor tenant, creates a compelling opportunity for businesses seeking high visibility and strong foot traffic. The property is situated in Lake County and offers a unique chance to establish a thriving retail presence in a bustling commercial area. The available spaces are ideal for a variety of retail concepts, capitalizing on the significant traffic flow generated by the adjacent Meijer and the overall high visibility of the location. Don't miss this chance to secure a space in this thriving retail center.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Merrillville
County
Lake
State
Indiana
Longitude
-87.3413
Latitude
41.47
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
$50,141
$840,600
$1,649,800
$2,490,400
-
$840,600
$1,649,800
$2,490,400
More about this property
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