Entity Owned Property summary
This exceptional investment opportunity presents a 19,311 square foot, three-story motel and restaurant complex located at 6200 Melton Rd, Gary, Indiana, 46403. The property sits on a 1.88-acre lot and boasts 113 units, including five bedroom suites and one deluxe owner suite. All rooms feature ceramic flooring and amenities such as high-speed internet access and public Wi-Fi. Recent upgrades include a beautifully updated marble lobby and a new Firestone rubber roof with a 20-year warranty. … The property also features 93 parking spaces, a paved and lighted parking lot, and a high-efficiency hot water boiler. Currently vacant, this property offers a significant 9% cap rate at an asking price of $6,999,000 ($362.44/sq ft). The building, constructed in 1960, is zoned for commercial use and benefits from its strategic location near the intersection of US-20/US-12, close to downtown Chicago, Indiana Dunes National Park, and major interstates (I-65, I-90, I-80/94). The property is also within walking distance of the Miller Beach area. The property is being sold as-is, with unaudited financials. Potential uses include full or partial condo conversions, senior living, or market-rate apartment housing. Utilities include electricity, gas, sewer, and water on-site. The property features central air conditioning, forced air and wall unit heating, and a security system. Further information is available upon request.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2022
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties in this cityComparable in this city
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 19,311 SF
- Lot area
- 1.88 ac
- Year built
- 1960
- Stories
- 3
- APN
- 45-09-06-478-001.000-004
- Assessed value · 2023
- $528,200
- Annual tax · 2022
- $18,462
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
One click on Google
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Still being built. It lands here next, beside the two above.
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