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    Property profile & analytics

    7921 Indianapolis Blvd Hammond, IN 46324-3348

    • Turn key restaurants
    • 2,584 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2307476
    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

    • White Castle / Fast Food Restaurant / American Restaurant

    Property Details for 7921 Indianapolis Blvd

    Year built
    2010
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.72 lot acres
    Property size
    2,584 SF
    Property type
    Turn key restaurants
    APN
    45-07-17-426-008.000-023
    APU
    450717426008000023

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.4754
    Latitude
    41.5698
    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
    $35,304
    $505,100
    $471,500
    $976,600
    -
    $505,100
    $471,500
    $976,600

    Comparable in this City

    • Value Estimation by Request
      1.72 Acres

      7905 Cabela Dr

      RESTAURANT • 1.72 Acres
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      $325,000
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      6909 Columbia Ave

      RESTAURANT • 2,464 SF
      6909 Columbia Ave, Hammond, IN 46324
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      $355,000
      2,045 SF

      6740 Indianapolis Blvd

      RESTAURANT • 2,045 SF
      6740 Indianapolis Blvd, Hammond, IN 46324-1708
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    • Value Estimation
      $340,000
      1,140 SF

      7331 Indianapolis Blvd

      RESTAURANT • 1,140 SF
      7331 Indianapolis Blvd, Hammond, IN 46324-2907
      View Details
    • Value Estimation
      $320,000
      3,072 SF

      6233 Hohman Ave

      RESTAURANT • 3,072 SF
      6233 Hohman Ave, Hammond, IN 46324-1055
      View Details
    • Value Estimation
      $335,000
      7,182 SF

      7002 Indianapolis Blvd, Unit 14

      RESTAURANT • 7,182 SF
      7002 Indianapolis Blvd, Hammond, IN 46324-2208
      View Details

    Similar Nearby for Sale

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      Fully renovated, versatile office space.
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      Hammond Land Near Commuter Rail

      Undeveloped land near new commuter rail station to Chicago.
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      Vacant corner lot with easy access to Chicago.
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    Similar Nearby for Lease

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      New Retail Building with Drive-Thru

      New retail building with drive-thru, high visibility, and traffic.
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      3,065 SF free-standing retail building near Hammond Sportsplex.
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      Hammond Office Space for Lease

      Newly renovated, flexible spaces available.
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    • $525,000
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      Retail Space with High Visibility

      Retail space with ample parking and customization potential.
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      Hammond Office Suites For Rent

      Turnkey office suites available on Indianapolis Blvd in Hammond, IN.
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      32,398 SF

      Industrial Building with Cranes

      32,398 SF industrial building featuring overhead cranes.
      850 165Th St, Hammond, IN 46324
      View Details

    Property Visit Statistics

    • Visits by month
      21.9k
    • Visitors by month
      17.8k
    • Avg Time on site
      15 min
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    Hammond, IN 46324-3348
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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