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    Property profile & analytics

    6093 Broadway Merrillville, IN 46410-2619

    • Turn key restaurants
    • 3,760 SF
    • 1.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0451006
    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

    • McDonald's / Fast Food Restaurant / Breakfast Restaurant

    Property Details for 6093 Broadway

    Year built
    2001
    Lot size
    1.13 lot acres
    Property size
    3,760 SF
    Zone code
    R33
    Property type
    Turn key restaurants
    APN
    45-12-03-351-004.000-030
    APU
    451203351004000030

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3343
    Latitude
    41.5079
    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
    $23,442
    $517,300
    $634,100
    $1,151,400
    -
    $517,300
    $634,100
    $1,151,400

    Comparable in this City

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      3,078 SF

      1 81st Ave

      RESTAURANT • 3,078 SF
      1 81st Ave, Merrillville, IN 46410-5526
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      $60,000
      1,700 SF

      5524 Broadway

      RESTAURANT • 1,700 SF
      5524 Broadway, Merrillville, IN 46410-2633
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      4,486 SF

      2900 Lincoln Hwy

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      6,742 SF

      1590 Lincoln Hwy

      RESTAURANT • 6,742 SF
      1590 Lincoln Hwy, Merrillville, IN 46410
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    • Value Estimation
      $865,000
      9,716 SF

      3750 80th Ln

      RESTAURANT • 9,716 SF
      3750 80th Ln, Merrillville, IN 46410-5051
      View Details

    Similar Nearby for Sale

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      Single-Tenant Cracker Barrel Investment Opportunity

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      Restaurant Building For Sale

      Restaurant building in Crossroads Plaza near I-65 interchange.
      6190 Broadway, Merrillville, IN 46410
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    • $975,000
      5,088 SF

      Freestanding Building at Prime Intersection

      5,088 SF retail/office building near major retailers and highways.
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    • $550,000
      4,762 SF

      Retail Property in Merrillville, IN

      Retail property with 4,762 square feet of space.
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    Similar Nearby for Lease

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      Prime Retail & Office Space Available
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      26,157 SF

      Retail Space in Merrillville Plaza

      Retail property in a high-traffic area near Southlake Mall.
      1932 E 81St Ave, Merrillville, IN 46410
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    • $15 SF/Yr
      2,200 SF

      Merrillville Retail Space Available

      Retail space available for lease in Merrillville, Indiana.
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      85,620 SF

      Crossings at Hobart Retail Center

      Merrillville, IN: Prime Retail Space Available
      1825-1837 80Th Ave, Merrillville, IN 46410
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    • $14 SF/Yr
      24,396 SF

      Liberty Square Commercial Space

      Merrillville, IN office suites available
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      Retail Center in Merrillville, IN

      New retail center in the heart of Merrillville trade area.
      1431 E 79Th Ave, Merrillville, IN 46410
      View Details

    Property Visit Statistics

    • Visits by month
      31.5k
    • Visitors by month
      20.7k
    • Avg Time on site
      9 min
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    6093 Broadway
    Merrillville, IN 46410-2619
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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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