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    Property profile & analytics
    OFF-MARKET Estimated value $990,000
    Warehouses

    6800 9th Ave 70, Gary, IN 46406-1918

    12,069 SF 17.34 ac lot Built 1968
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US31-0540456
    Property summary
    AI-generated overview

    This exceptional 15,000-square-foot industrial property, located at 6800 W 9th Ave in Gary, Indiana, presents a compelling investment opportunity. Priced at $3,900,000 ($260/SF), this facility sits on a sizable 8.44-acre lot, offering ample space for expansion or future development. The property boasts an ideal location with convenient access to major highways and roads, making it strategically advantageous for logistics and distribution. The existing building, zoned M-2 Industrial, is currently configured as a truck repair and service facility, featuring a fenced perimeter for enhanced security. The flat lot includes a gravel drive, and the property benefits from the added advantage of rail access, further enhancing its operational capabilities. This versatile space is well-suited for a variety of industrial uses, including trucking, service, and repair operations. The property's parcel number is 45-07-02-451-002.000-004. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving area. Don't miss out on this chance to own a piece of Gary's industrial landscape.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1968
    Construction TYPE NOT SPECIFIED
    Total area 12,069 SF
    Lot 17.34 ac (755,505 SF)
    APN 45-07-02-451-002.000-004
    UPID US31-0540456
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 50 star transport Freight Service Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.31M
    Comparable Approach Comparable
    $769k
    Blend (final) Blend
    $990k
    Owner & transaction history
    Prime Property Ventures LLC · 1 yrs held
    Prime Property Ventures LLC
    since 2025
    3 recorded transactions
    2025
    2022
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $915,000 +1.8%
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