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Financial
Distress signals
Property profile

8000 New Jersey Ave Hammond, IN 46323

FOR LEASE
Other warehouses
Property ID
US31-0857497
33,048 SF 1.32 ac lot Built 1976
Last sale Apr 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a for-sale warehouse portfolio consisting of four warehouse buildings totaling approximately 74,674 square feet on 3.43 acres, located at 7940 to 8010 1/2 New Jersey Avenue in Hammond, Indiana. The facilities provide a combination of dock-high and drive-in loading access, with five dock-high doors and seven drive-in doors, and clear heights ranging from 10 feet to 18 feet, supporting varied warehouse storage and distribution uses. The multi-building configuration includes 7940…

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?
$61k
Tax billed · 2022
Assessed value · 2023$1.66M
Assessed land$110k
Assessed improvement$1.55M
Effective rate3.66%

Value estimate

· Oct 2026
$2.12M
$1.90M – $2.33M
Submarket $/SF estimate$2.94M
NOI build-up
Gross scheduled income$181k
Vacancy & credit loss−$12k
Operating expenses−$59k
NOI · 1,096,280.00% cap applied$110k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$25 – $123

Cap rate analysis

How does the asset earn?
1,096,280.00%
$110k 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 agency32.4
Restaurant27.7
Law Firm21.8

Location

8000 New Jersey Ave Hammond, IN 46323
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

2 recorded sales · 16 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7935 Nevada, Hammond, IN 46323-3038 $315,000 Jun 2023 10,916 SF
3039 169th, Hammond, IN 46323-2346 $515,000 Sep 2020 18,555 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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