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Property profile & analytics
FOR LEASE
Commercial land

8130 Calumet Ave Munster, IN 46321

0.36 ac lot
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US31-3225530
Property summary
AI-generated overview

This exceptional retail opportunity is located at 8130-38 Calumet Avenue in Munster, Indiana, within Lake County (zip code 46321). The property boasts a prime location in Munster's bustling retail district, less than half a mile from the heavily trafficked I-80/94 interchange. This newly constructed (2023) building offers a total of 3,630 square feet, situated on a 0.36-acre lot. Currently, a portion of the building is occupied by Smoothie King and Parlor Doughnuts, creating a strong synergy for potential tenants. A single vacant retail space of 674 square feet is available, representing a south endcap unit. The building features multiple tenancies, providing flexibility and potential for growth. With over 43,000 vehicles passing daily on Calumet Avenue, this location offers unparalleled visibility and access to a large customer base. This is an excellent opportunity to establish a business in a highly desirable and competitive market with established co-tenants. The property's strategic location and modern construction make it an ideal investment for businesses seeking high visibility and strong foot traffic. The available space presents a unique chance to join a thriving retail center in a prime location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.36 ac (15,594 SF)
APN 45-06-24-229-017.000-027
UPID US31-3225530
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
Current use
Occupant on record · Public records
  • Smoothie King Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Nautical Bowls (Bike/Boat/Book/etc) Store Take-out & Catering
  • Parlor Doughnuts Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
PARTH35 LLC
PARTH35 LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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