Entity Owned Property summary
Madalyn Plaza is a retail/flex complex consisting of four buildings with access to U.S. Highway 30. The property is located in Hobart, Indiana, with a Merrillville mailing address, on the north side of U.S. Highway 30 between Clay Street and Grand Boulevard, approximately 3 miles east of the I-65 interchange. The complex includes lighted pylon signage and ample parking, and is laid out to support multiple tenant configurations. Two unit types are described: an approximately 3,200-square-foot… end-cap frontage unit with windows, three offices, a large open retail area, and a bathroom; and an approximately 3,600-square-foot rear warehouse space with one office and an overhead door, which can function as part of a combined setup with the frontage unit when needed. The property is positioned for office or retail uses, and is within a broader retail trade area of approximately 6 million square feet. U.S. Highway 30 carries traffic of 37,025 vehicles per day based on 2024 INDOT traffic counts.
Ownership intelligence
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Mortgages
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Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
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Zoning insight
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Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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