Realmo Analytics

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Financial
Distress signals
Property profile

7402 Indianapolis Blvd Hammond, IN 46324

FOR LEASE
Retail space
Property ID
US31-1433666
2,880 SF 0.17 ac lot Built 1963
Last sale Mar 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$10k
Tax billed · 2022
Assessed value · 2023$251k
Assessed land$69k
Assessed improvement$182k
Effective rate4.07%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$13k
Operating expenses−$12k
NOI · 228,325.00% cap applied$37k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$36 – $120
Qualifying comparables9

Cap rate analysis

How does the asset earn?
228,325.00%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency23.5
Hair Salon12.4
HVAC Service12.3

Location

7402 Indianapolis Blvd Hammond, IN 46324
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales 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

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
428 173rd, Hammond, IN 46324-2512 $85,000 May 2025 2,400 SF
7113 Calumet Ave, Hammond, IN 46324-2405 $63,000 Jun 2020 No data
6445 Calumet, Hammond, IN 46324-1206 $3,601,709 Nov 2019 10,113 SF
7905 Indianapolis, Hammond, IN 46324-3348 $4,725,000 Jun 2019 9,486 SF
7502 Columbia, Hammond, IN 46324-3023 $62,000 Nov 2018 1,288 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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