Property profile

5815 Broadway Merrillville, IN 46410

OFF-MARKET
Turn key restaurants
Property ID
US31-0931416
2,676 SF 0.39 ac lot Built 1974
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Total area 2,676 SF
Lot 0.39 ac (16,771 SF)
APN 45-12-03-305-001.000-030
UPID US31-0931416

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

5815 Broadway Merrillville, IN 46410-2615
Merrillville metro Census 42403 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2006
4 recorded transactions
2006
Price N/A
2006
Price N/A
2006
$300,000
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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