6800 9th Ave, Unit 70 Gary, IN 46406-1918
Property profile & analytics
6800 9th Ave, Unit 70 Gary, IN 46406-1918
- Warehouses
- 12,069 SF
- 17.34 lot acres
Property ID
US31-0540456
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.
Location Intelligence
Current Use by Public Records
- 50 star transport / Freight Service / Logistics Company
Property Details for 6800 9th Ave
- Year built
- 1968
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 17.34 lot acres
- Property size
- 12,069 SF
- Property type
- Warehouses
- APN
- 45-07-02-451-002.000-004
- APU
- 450702451002000004
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,415,000
- 6.5%
- $1,310,000
- 7%
- $1,215,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $769,000
Market price range: $250k - $769k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $900,000 Current use
- RETAIL STORES
- $915,000 Change: +2% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $820,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gary
- County
- Lake
- State
- Indiana
- Longitude
- -87.4215
- Latitude
- 41.5961
- 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
$15,431
$352,500
$1,258,700
$1,611,200
-
$352,500
$1,258,700
$1,611,200
