5729 Melton Rd Gary, IN 46403-2963
This exceptional retail property, located at 5729 Melton Road in Gary, Indiana, presents a lucrative investment opportunity. Situated on a 0.47-acre lot, the building offers convenient access and high visibility due to its prime location directly across the street from the newly constructed South Shore Station. This strategic positioning ensures significant foot traffic and easy accessibility for customers. The property boasts ample parking, a significant advantage for attracting and retaining clientele. A key feature for many businesses is the inclusion of walk-in coolers and freezers, providing essential storage capabilities. The asking price for this property is $1,200,000. The square footage is not currently specified, but the substantial lot size and building features suggest a sizable retail space ideal for a variety of businesses. The drive-thru capability further enhances the property's appeal and operational efficiency, catering to a broad range of potential tenants. This property is poised for immediate success, offering a strong return on investment for the discerning buyer. Its location, amenities, and accessibility make it an exceptional opportunity in the thriving Gary market. Serious inquiries are encouraged to explore this remarkable investment prospect.
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JJ fish & chicken Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.