Property profile

771 81st Ave Merrillville, IN 46410

OFF-MARKET
Turn key restaurants
Property ID
US31-1243938
6,572 SF 1.33 ac lot Built 1979
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction WOOD
Total area 6,572 SF
Lot 1.33 ac (57,717 SF)
APN 45-12-22-326-005.000-030
UPID US31-1243938

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

771 81st Ave Merrillville, IN 46410-5538
Merrillville metro Census 42509 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$627k
Blend (final) Blend
$510k

Owner & transaction history

since 2013
3 recorded transactions
2013
Price N/A
2005
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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