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    Property profile & analytics

    8005 Calumet Ave Munster, IN 46321-1217

    • Outlet malls
    • 122,628 SF
    • 9.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0914801
    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

    • Pizza Hut Express / Pizza Restaurant / Pizza Takeout
    • CVS Pharmacy / Pharmacy
    • Cardtronics ATM / Atm
    • Sam Ibrahim, PharmD / Pharmacy
    • Starbucks / Cafe / Coffee Store

    Property Details for 8005 Calumet Ave

    Year built
    2003
    Construction
    TYPE NOT SPECIFIED
    Lot size
    9.40 lot acres
    Property size
    122,628 SF
    Property type
    Outlet malls
    APN
    45-07-18-351-009.000-027
    APU
    450718351009000027

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Munster
    County
    Lake
    State
    Indiana
    Longitude
    -87.5073
    Latitude
    41.5675
    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
    $204,153
    $2,544,500
    $5,054,000
    $7,598,500
    -
    $2,544,500
    $5,054,000
    $7,598,500

    Comparable in this City

    • Value Estimation by Request
      10,156 SF

      821 Main St

      SHOPPING CENTER, STRIP CENTER • 10,156 SF
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    • Value Estimation by Request
      6,760 SF

      8000 Calumet Ave

      SHOPPING CENTER, STRIP CENTER • 6,760 SF
      8000 Calumet Ave, Munster, IN 46321-1227
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    • Value Estimation by Request
      20,486 SF

      9610 Centennial Dr

      SHOPPING CENTER, STRIP CENTER • 20,486 SF
      9610 Centennial Dr, Munster, IN 46321-4078
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    • Value Estimation by Request
      15,120 SF

      917 Rdg Rd, Unit 23

      SHOPPING CENTER, STRIP CENTER • 15,120 SF
      917 Rdg Rd, Munster, IN 46321-1747
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    • Value Estimation by Request
      8,505 SF

      7940 Calumet Ave, Unit 50

      SHOPPING CENTER, STRIP CENTER • 8,505 SF
      7940 Calumet Ave, Munster, IN 46321-1216
      View Details
    • Value Estimation by Request
      43,804 SF

      1902 45th St, Unit 48

      SHOPPING CENTER, STRIP CENTER • 43,804 SF
      1902 45th St, Munster, IN 46321-3917
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      2,692 SF

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      2,692 SF restaurant with drive-thru on 0.86 acres.
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      New Retail Space Available

      New construction retail space in a high-traffic area.
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    Property Visit Statistics

    • Visits by month
      4.4k
    • Visitors by month
      3.6k
    • Avg Time on site
      19 min
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    8005 Calumet Ave
    Munster, IN 46321-1217
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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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