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Property profile & analytics
FOR LEASE
Office Spaces

4803 Hohman Ave Hammond, IN 46327

26,430 SF 0.33 ac lot Built 1953
Entity Owned 4-yr Hold Free & Clear
Property ID
US31-0527145
4803 Hohman Ave, Hammond, IN 46327 For Lease
$1,600,000
4803 Hohman Ave, Hammond, IN 46327
View Listing →
Property summary
AI-generated overview

This exceptional 67,518-square-foot industrial property is situated at 4803 Hohman Ave, Hammond, Indiana, in Lake County (zip code 46327). The property features a single-tenant occupancy and sits on a 1.55-acre lot. The site boasts a fully paved, fenced, and illuminated industrial outdoor storage (IOS) area, providing ample secure space for operations or storage. Its strategic location offers easy access to major transportation arteries, including Interstates 294, 94, and I-90, ensuring efficient logistics and convenient commutes for employees and clients. The property is classified as both industrial and commercial, making it suitable for a variety of business types. The lease is a Net-Net-Net (NNN) agreement. This property presents a compelling opportunity for businesses seeking a well-maintained, strategically located industrial space in a thriving area of Northwest Indiana. The property's size, amenities, and location combine to offer significant potential for growth and profitability. Further details are available upon request.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1953
Construction TYPE NOT SPECIFIED
Total area 26,430 SF
Lot 0.33 ac (14,375 SF)
Zoning code R3
APN 45-02-25-456-001.000-023
UPID US31-0527145
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.60M
Owner & transaction history
369 Rolling LLC · 4 yrs held
369 Rolling LLC
since 2022
5 recorded transactions
2022
Price N/A
2020
$225,000
2018
Price N/A
2014
Price N/A
2014
$6,500
Zoning & alternative use
R3 · Hammond, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.0M +47.5%
Warehouse, storage $2.0M +44.9%
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