Property profile

5524 Broadway Merrillville, IN 46410

OFF-MARKET
Turn key restaurants
Property ID
US31-0762195
1,700 SF 0.33 ac lot Built 1969
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Construction WOOD
Total area 1,700 SF
Lot 0.33 ac (14,505 SF)
APN 45-12-04-278-017.000-030
UPID US31-0762195

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
  • Restaurant

Location

5524 Broadway Merrillville, IN 46410-2633
Merrillville metro Census 42403 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$75k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2021
Last sale
$80,000
3 recorded transactions
2021
$80,000
2018
Price N/A
2004
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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