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Property profile & analytics
OFF-MARKET
Strip malls
6823 Grand Ave 39 Hammond, IN 46323-1944
Entity Owned
Free & Clear
Property ID
US31-0589515
Property summary
AI-generated overview
This 11,850 square foot retail property, located at 6823-6837 S. Grand Ave in Hammond, Indiana (zip code 46323), offers a prime commercial opportunity. Built in 1967, the property is situated in a thriving shopping center anchored by a convenience grocery store, ensuring a built-in customer base and high foot traffic. Currently, 1,050 square feet of retail space is available for lease, representing a portion of the total 11,850 square feet. The property's location within a vibrant residential neighborhood, alongside a mix of service and retail tenants, provides excellent visibility and accessibility. Lake County's strong local economy further enhances the investment potential. This multi-tenant building presents a unique chance to establish or expand a business in a well-established and busy commercial area. The available space is ideal for a variety of retail uses, benefiting from the existing high volume of pedestrian traffic and the convenience of the grocery store anchor. The property's address is 6823-6837 S. Grand Ave, Hammond, IN 46323.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Construction
WOOD
Total area
11,850 SF
Lot
0.84 ac (36,590 SF)
APN
45-07-10-253-004.000-023
UPID
US31-0589515
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
-
GGC Catering and Eatery Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Amp Holding LLC
Amp Holding LLC
since 2026
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hammond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hammond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$9,464
Tax year 2022
Assessed value
$260,700
Assessed 2023
Previous assessed
$257,200
+1.4% YoY
Effective rate
3.63%
On assessed value
Assessed land
$80,400
Assessed improvement
$180,300
Land market value
$80,400
Improvement market value
$180,300
Total market value
$260,700
Applied tax rate
23.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1967
Construction
WOOD
Heating
NONE
Stories
1
Units
7
Total area
11,850 SF
Lot
0.84 ac (36,590 SF)
APN
45-07-10-253-004.000-023
UPID
US31-0589515
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Construction
WOOD
Heating
NONE
Stories
1
Units
7
Lot
0.84 ac
Current owner
From public records · entity-resolved
Amp Holding LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8777 PURDUE RD STE #107, INDIANAPOLIS, IN 46268-3104
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
—
Amp Holding LLC
Nahmco LLC-s Series 6823-6837 Grand
Special Warranty Deed
—
May 8, 2023
—
Nahmco LLC S
Code 48 LLC
Limited Warranty Deed
$9,144,687 · Farmers Bank
Feb 22, 2005
—
Code 48 LLC
Bresler Realty
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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