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Property summary
This exceptional 31,287-square-foot freestanding retail building is situated on a highly visible 2.14-acre lot in Merrillville, Indiana, at 8000 Broadway. Its prime location offers excellent visibility from US Highway 30 and benefits from the presence of numerous big-box national retailers in the immediate vicinity, including Costco, Lowe's, Walmart, and Best Buy. The steel-framed, concrete masonry structure boasts a spacious 18,000+ square-foot retail showroom featuring impressive 12'6"… ceilings, ideal for showcasing merchandise. An adjacent 13,287-square-foot warehouse provides ample storage and operational space, complete with three loading docks and a 3,000-square-foot office area. Ceiling heights in the warehouse range from 20 feet in the shipping area to 30 feet, offering flexibility for various uses. The property also features a robust 600-amp, 240-volt, 3-phase electrical system. With 70 parking spaces available, this property is perfectly suited for a variety of retail or flexible business uses. The entire 31,287 square feet is currently vacant, presenting a unique opportunity for a single tenant to establish a significant presence in this thriving retail corridor. Located in Lake County, Indiana, with a zip code of 46410, this property offers unparalleled potential for growth and success.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.1 ac
- Year built
- 1979
- APN
- 45-12-21-279-005.000-030
- Assessed value · 2023
- $24,600
- Annual tax · 2023
- $576
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $576
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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