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    Property profile & analytics

    500 37th Ave Hobart, IN 46342-2231

    • Grocery and convenience stores
    • 4,032 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-3205120
    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

    • Luke / Gas Station / Convenience Store

    Property Details for 500 37th Ave

    Year built
    2017
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    4,032 SF
    Property type
    Grocery and convenience stores
    APN
    45-09-19-455-005.000-022
    APU
    450919455005000022

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hobart
    County
    Lake
    State
    Indiana
    Longitude
    -87.2693
    Latitude
    41.5514
    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
    $57,573
    $652,500
    $764,100
    $1,416,600
    -
    $652,500
    $764,100
    $1,416,600

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      132 37th Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 0.07 Acres
      132 37th Ave, New Chicago, IN 46342
      View Details
    • Value Estimation
      $460,000
      1,821 SF

      288 Wisconsin St

      CONVENIENCE STORE • 1,821 SF
      288 Wisconsin St, Hobart, IN 46342-4150
      View Details
    • Value Estimation
      $165,000
      3,846 SF

      4717 61st Ave

      CONVENIENCE STORE • 3,846 SF
      4717 61st Ave, Hobart, IN 46342-6479
      View Details
    • Value Estimation by Request
      4,180 SF

      101 Hobart Rd

      CONVENIENCE STORE • 4,180 SF
      101 Hobart Rd, Hobart, IN 46342-4652
      View Details
    • Value Estimation by Request
      4,808 SF

      6325 Lincolnway St

      CONVENIENCE STORE • 4,808 SF
      6325 Lincolnway St, Hobart, IN 46342
      View Details
    • Value Estimation by Request
      2,460 SF

      4732 61st Ave

      CONVENIENCE STORE • 2,460 SF
      4732 61st Ave, Hobart, IN 46342-6478
      View Details

    Similar Nearby for Sale

    • $599,900
      4,753 SF

      Hobart Restaurant & Bar for Sale

      Prime Hobart location, high traffic, liquor license.
      3700 Montgomery St, Hobart, IN 46342
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    • $299,000
      Pending

      Remodeled Retail/Office Space in Hobart

      Newly remodeled commercial property in downtown Hobart near Lake George.
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      Retail Property for Sale

      Retail property available for purchase in Hobart, Indiana.
      4651 W 61St Ave, Hobart, IN 46342
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    • Contact for pricing
      16.11 Acres

      Hobart Retail Outlots

      Three prime retail outlots near St. Mary's Medical Center.
      1403 Lake Park Ave, Hobart, IN 46342
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    • $475,000
      2,648 SF

      Retail Property in Hobart, Indiana

      Retail property with 46,609 sqft space in Hobart, Indiana.
      11 N Hobart Rd, Hobart, IN 46342
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    • $399,900
      0.13 Acres

      Downtown Hobart Retail Gem

      Large retail space, prime location, updated.
      530 3Rd St, Hobart, IN 46342
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    Similar Nearby for Lease

    • $1,500 /Mo
      960 SF

      Downtown Hobart Retail/Office Space

      Corner retail/office space in downtown Hobart with high visibility.
      347 Main St, Hobart, IN 46342
      View Details
    • $12 SF/Yr
      1,500 SF

      Retail Space in Hobart Center

      Retail space available in The Pavilions of Hobart.
      1417-1461 S Lake Park Ave, Hobart, IN 46342
      View Details
    • Contact for pricing
      5,459 SF

      Retail Space in Hobart, IN

      Retail space for lease with high visibility and ample parking.
      295 S Wisconsin St, Hobart, IN 46342
      View Details
    • $10 SF/Yr
      1,086 SF

      Retail Space in Hobart Center

      Retail space for lease in Pavilions of Hobart.
      190-194 Bracken Pkwy, Hobart, IN 46342
      View Details
    • Contact for pricing
      1,367 SF

      Retail Space in Hobart, Indiana

      Retail spaces available with pylon signage and ample parking.
      1721-1737 E 37Th Ave, Hobart, IN 46342
      View Details
    • $14 SF/Yr
      2,880 SF

      Retail Space in Hobart Center

      Retail space for lease in Pavilions of Hobart.
      1403-1413 Lake Park Ave, Hobart, IN 46342
      View Details

    Property Visit Statistics

    • Visits by month
      28.2k
    • Visitors by month
      12.4k
    • Avg Time on site
      8 min
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    500 37th Ave
    Hobart, IN 46342-2231
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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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