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    Property profile & analytics

    529 5th Ave, Unit 35 Gary, IN 46402-1322

    • Commercial real estate
    • 14,250 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Jan 19, 2021
    Location Intelligence
    Property ID
    US31-1256823
    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

    • Commercial real estate

    Property Details for 529 5th Ave

    Year built
    1948
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    14,250 SF
    Zone code
    1108
    Property type
    Commercial real estate
    APN
    45-08-03-327-017.000-004
    APU
    450803327017000004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3302
    Latitude
    41.6018
    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
    $3,726
    $12,900
    $88,100
    $101,000
    -
    $12,900
    $88,100
    $101,000

    Comparable in this City

    • Value Estimation by Request
      17,294 SF

      700 11th Ave

      COMMERCIAL (GENERAL) • 17,294 SF
      700 11th Ave, Gary, IN 46402-2808
      View Details
    • Value Estimation by Request
      14,423 SF

      690 9th Pl

      COMMERCIAL (GENERAL) • 14,423 SF
      690 9th Pl, Gary, IN 46402
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    • Value Estimation by Request
      13,970 SF

      920 Adams St

      COMMERCIAL (GENERAL) • 13,970 SF
      920 Adams St, Gary, IN 46402-2902
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    • Value Estimation by Request
      15,000 SF

      813 Washington St, Unit 19

      COMMERCIAL (GENERAL) • 15,000 SF
      813 Washington St, Gary, IN 46402-2415
      View Details
    • Value Estimation by Request
      70,800 SF

      733 Washington St, Unit 51

      COMMERCIAL (GENERAL) • 70,800 SF
      733 Washington St, Gary, IN 46402-2413
      View Details
    • Value Estimation by Request
      5.50 Acres

      1401 Texas St

      Specialty properties • 5.50 Acres
      1401 Texas St, Gary, IN 46402
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    • $75,000
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      Duplex with Rental Potential

      Duplex in Gary, Indiana with newer roof and furnace.
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    • New
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      Triplex with walkout basement apartment and low property taxes.
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    Similar Nearby for Lease

    • $19 SF/Yr
      1,109 SF

      Merrillville Office Space Available

      1,109 SF office space for lease in Merrillville, Indiana.
      8941 Broadway, Merrillville, IN 46402
      View Details
    • $6 SF/Yr
      60,000 SF

      Retail Space in Vibrant Corridor

      Retail space with high-traffic co-tenants and convenient highway access.
      6110 Broadway, Merrillville, IN 46402
      View Details
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    529 5th Ave, Unit 35
    Gary, IN 46402-1322
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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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