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Property profile

6161 Cleveland St Merrillville, IN 46410

OFF-MARKET
Strip malls
Property ID
US31-0552763
34,426 SF 3.79 ac lot Built 1967
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 10,000-square-foot professional office building located in Merrillville, Indiana. It provides convenient access to Interstate 65 and U.S. Route 30. The interior floor plan is flexible and supports customizable space configurations. The site includes ample parking for employees and visitors, and the building is positioned for roadside visibility.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value · 2023$735k
Assessed land$244k
Assessed improvement$491k
Effective rate2.09%

Value estimate

· Oct 2026
$585k
$527k – $644k
AI approach$585k
Submarket $/SF estimate$775k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.1
Law Firm18.7
Restaurant16.1

Location

6161 Cleveland St Merrillville, IN 46410-2302
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5027-5165 81st, Merrillville, IN 46410 $3,400,000 Jun 2024 41,831 SF
303 81st, Merrillville, IN 46410-5572 $5,330,000 Feb 2023 18,930 SF
851 57th, Merrillville, IN 46410-2061 $210,000 Apr 2022 3,567 SF
5550 Broadway, Merrillville, IN 46410-2792 $175,000 Apr 2022 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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