Technical
Financial
Distress signals
Property profile

5495 Broadway Merrillville, IN 46410

OFF-MARKET
Medical Office Space
Property ID
US31-0787483
6,142 SF 0.31 ac lot Built 1954
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1954
Construction WOOD
Total area 6,142 SF
Lot 0.31 ac (13,286 SF)
APN 45-12-03-104-012.000-030
UPID US31-0787483

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Pediatrician Physician
  • Pediatrician Physician

Location

5495 Broadway Merrillville, IN 46410-1647
Merrillville metro Census 42403 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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