Property profile

8040 Cleveland Pl Merrillville, IN 46410

OFF-MARKET
Medical Office Space
Property ID
US31-0436214
7,192 SF 1.53 ac lot Built 1997
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1997
Construction WOOD
Total area 7,192 SF
Lot 1.53 ac (66,473 SF)
APN 45-12-20-252-007.000-030
UPID US31-0436214

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office

Location

8040 Cleveland Pl Merrillville, IN 46410-5302
Merrillville metro Census 42503 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2026
2 recorded transactions
2026
$1.0M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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