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429 Conkey St Hammond, IN 46324-1156

OFF-MARKET Medical Office Space Google Maps
1,832 SF 0.08 ac lot Built 1961
Individually Owned ~ Est. High Equity
Estimated value (blended)
$240k
Range $216k – $264k (±10%)
Property ID US31-0433102

Property summary

AI-generated overview

This exceptional 1800-square-foot commercial building at 429 Conkey Street in Hammond, Indiana, presents a unique investment opportunity. Situated on a 0.08-acre lot, this C-1 zoned brick building boasts a highly desirable corner location with convenient off-street parking. Currently configured as a fully equipped six-operatory dental office, the property's versatile layout allows for seamless adaptation to a wide range of uses. Imagine transforming this space into your ideal medical or professional office, retail establishment, institutional facility, or even a school or church. The building's prime location offers excellent visibility on Conkey Street, ensuring high traffic and exposure. Its convenient access from Calumet Avenue and proximity to the Illinois/Indiana state line further enhance its appeal. This property offers significant potential for growth and profitability. The building is available for sale independently, or it can be purchased in conjunction with an existing general dental practice. Detailed information regarding the dental practice is available upon request. Don't miss this chance to acquire a well-located, adaptable commercial property in a thriving area.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1961
Construction TYPE NOT SPECIFIED
Total area 1,832 SF
Lot 0.08 ac (3,615 SF)
APN 45-06-01-404-017.000-023
UPID US31-0433102

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2026
6 recorded transactions
2026
Price N/A
2021
Price N/A
2020
Price N/A
2018
Price N/A
2012
$25,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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