4802 Indianapolis Blvd East Chicago, IN 46312
- Strip malls
- 13,132 SF
- 0.44 lot acres
Current Use by Public Records
- Laundry / Laundry Service
- Woods Throne Laundry / Laundromat
- Pawn King East Chicago / Pawn Shop
- Law Offices Milan Petrovic / Attorney
Property Details for 4802 Indianapolis Blvd
- Year built
- 1996
- Construction
- WOOD
- Lot size
- 0.44 lot acres
- Property size
- 13,132 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 45-03-29-384-015.000-024
- APU
- 450329384015000024
Description
This 8,040 square foot retail building, located at 4802 Indianapolis Blvd in East Chicago, Indiana, presents a unique leasing opportunity. The property consists of a single suite, with 4,680 square feet currently vacant and available for lease. Situated on a 1.2-acre lot, the building enjoys a highly visible position on Indianapolis Boulevard, a major thoroughfare boasting over 13,000 vehicles per day. This high traffic count ensures significant exposure for any business occupying the space. The property is classified as a retail shop and is ideal for a variety of retail or service-oriented businesses. Utilities are not individually metered
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $435,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $475,000
- 6.5%
- $485,000
- 7%
- $480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $560,000
- Mixed-Use
- $480,000
- Hospitality
- $540,000
- Educational
- $475,000
- Residential Income
- $520,000
- Energy
- $500,000
- Income-Based Land
- $505,000
- Food Service
- $535,000
Location Insight
- Map
- Local Demand
- City
- East Chicago
- County
- Lake
- State
- Indiana
- Longitude
- -87.4813
- Latitude
- 41.6271
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA