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Property profile & analytics
OFF-MARKET
Turn key restaurants

8032 Calumet Ave Munster, IN 46321-1218

2,663 SF 0.86 ac lot Built 1991
Entity Owned 18-yr Hold Free & Clear
Property ID
US31-0702294
Property summary
AI-generated overview

This freestanding restaurant building offers 2,520 square feet on a 0.77-acre lot in Munster, Indiana. Located at 8032 Calumet Avenue, this single-tenant property enjoys exceptional visibility and accessibility. The site benefits from a high volume of daily traffic, boasting proximity to a major thoroughfare, Calumet Avenue, which sees 41,381 vehicles per day. Its strategic location just south of the I-94 interchange (196,362 VPD) further enhances its appeal to potential customers. The property's advantageous position directly across from a Target store provides significant spillover traffic and exposure to a large customer base. This property is situated within a vibrant retail corridor serving Northwest Indiana, offering a strong foundation for a successful restaurant operation. The building is classified as a restaurant and is situated in Lake County, Indiana, with a zip code of 46321. The property's drive-thru feature adds significant convenience for customers. This presents a compelling investment opportunity in a high-demand area.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1991
Construction TYPE NOT SPECIFIED
Total area 2,663 SF
Lot 0.86 ac (37,462 SF)
APN 45-06-13-484-018.000-027
UPID US31-0702294
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Boston Market Real Estate Co · 18 yrs held
Boston Market Real Estate Co
since 2007
1 recorded transaction
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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