Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

7725 Broadway Merrillville, IN 46410

  • Office Properties & Spaces
  • 14,032 SF
  • 1.17 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-0989756
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.

Current Use by Public Records

  • Tuttle Baseball club / Gym & Fitness Center / Sports School
  • Catholic Youth Organization / Child Welfare Organization / Charitable Organization
  • Merrillville Hearing Aid Center / Medical Clinic
  • ANGELS HOME CARE SERVICES LLC / Home Health Care Service
  • Bergner Joyce / Employment Agency

Property Details for 7725 Broadway

Year built
1977
Construction
WOOD
Lot size
1.17 lot acres
Property size
14,032 SF
Property type
Office Properties & Spaces
APN
45-12-22-101-002.000-030
APU
451222101002000030

Description

This single-story, 16,000-square-foot Class B office building, located at 7725 Broadway in Merrillville, Indiana (46410), offers a versatile space ideal for various professional uses. Currently housing tenants including Midwest Neurology, Community Home Health Care, Broadway Dental, and Big Brothers Big Sisters of Metropolitan Chicago, this property boasts one available suite (Suite I/J), previously occupied by a law office. This suite comprises approximately 3,629 square feet and features a spacious reception/waiting area, five private offices, a conference room, kitchenette, storage closet, mechanical room, and two bathrooms. The building sits on a 1.5-acre lot at a stoplight intersection, ensuring high visibility and accessibility. Ample parking is available for tenants and visitors. Recent improvements (2023) include a new roof, landscaping, shutters, lighting and ceiling upgrades in Suite E/F, and a new asphalt parking lot. The property benefits from a high traffic count (15,998 cars/day in 2022, per INDOT) and a convenient location, just three blocks north of Route 30, and within minutes of Southlake Mall, Methodist Hospital, numerous shopping and dining options, and banking facilities. The Merrillville municipal offices and police department are directly across Broadway. The building is zoned Community Commercial and features a total of one building with one story. The building was constructed in 1979 and has an APN of 45-12-22-101-002.000-030. This location is within two miles of a six million square foot retail trade area centered around Southlake Mall, providing significant foot traffic and market exposure.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,516,000
    Market price range: $723k - $1.86M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,290,000
    Current use
    RETAIL STORES
    $1,065,000
    Change: -17% Conversion: Easy
    WAREHOUSE, STORAGE
    $1,045,000
    Change: -19% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Merrillville
County
Lake
State
Indiana
Longitude
-87.3353
Latitude
41.4775
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
$24,270
$599,800
$562,200
$1,162,000
-
$599,800
$562,200
$1,162,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message