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Property profile

8101 Polo Clb Dr Merrillville, IN 46410

OFF-MARKET
Other commercial real estate
Property ID
US31-1080540
5,100 SF 1.84 ac lot Built 1993
Last sale Sep 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail property is configured as a multi-unit site with four (4) retail spaces and a total property footprint of approximately 1,408 square feet, with individual spaces reported in the range of about 900 to 1,800 square feet. The property is situated on a 3.24-acre lot with ample off-street parking and provides frontage/exposure along US Highway 30. Pylon signage is available, and the location is described as having traffic volume of approximately 44,000 vehicles per day on US Highway 30.

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?
$14k
Tax billed · 2022
Assessed value · 2023$664k
Assessed land$422k
Assessed improvement$242k
Effective rate2.17%

Value estimate

· Oct 2026
$520k
$468k – $572k
Submarket $/SF estimate$677k

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$52 – $133
Qualifying comparables24

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R33
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 agency17.7
Wholesale Shop15.7
HVAC Service14.1

Location

8101 Polo Clb Dr Merrillville, IN 46410-5310
County assessor Recorded deeds · 4 transfers 24 qualifying comp sales Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6690 Broadway, Merrillville, IN 46410-3514 $195,000 Nov 2024 3,784 SF
7136 Broadway, Merrillville, IN 46410-3540 $350,000 Sep 2024 7,853 SF
4680 Lincoln, Merrillville, IN 46410-5827 $375,000 Apr 2023 4,827 SF
5710 Van Buren, Merrillville, IN 46410-2557 $300,000 Apr 2023 7,502 SF
4100 82nd, Merrillville, IN 46410-6065 $760,000 Jun 2020 8,280 SF
8765 Louisiana, Merrillville, IN 46410-7150 $200,000 Aug 2019 4,410 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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