Property summary
The property is a church facility with an integrated daycare, totaling 48,192 square feet on 9.03 acres in Merrillville, Indiana. It was constructed in 1972 and underwent renovations in 1998, with a 5,800-square-foot daycare addition completed in 2005. The site includes parking for more than 500 vehicles and is located minutes from US 30 and I-65. Building spaces include a lobby, multiple private and general offices, and conference rooms. The main sanctuary covers 18,400 square feet and features advanced LED lighting and a sound system, along with two screens and a center-stage LED wall. The children’s wing includes classrooms, a two-story auditorium, and restrooms, plus additional conference rooms. An indoor play zone occupies approximately 4,200 square feet and includes a two-story indoor tunnel playground, a gathering area with a coffee bar/kitchenette, and public restrooms. The second level provides dedicated private offices, study rooms, classrooms, and a teen auditorium with a stage and game tables. The attached daycare has separate entries, a private lobby, a reception area, five classrooms with restrooms, and supporting food service space and mechanical rooms. The property includes a replaced roof and upgraded chiller/air handlers in the main building.
Property profile
VerifiedCap rate & NOI
Current use
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Church
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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