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    Property profile & analytics

    820 5th Ave, Unit 836 Gary, IN 46402-1810

    • Retail space
    • 4,800 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Jan 18, 2023
    Location Intelligence
    Property ID
    US31-1112899
    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

    • Retail space

    Property Details for 820 5th Ave

    Year built
    1986
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.36 lot acres
    Property size
    4,800 SF
    Property type
    Retail space
    APN
    45-08-04-184-027.000-004
    APU
    450804184027000004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3482
    Latitude
    41.6023
    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
    $2,932
    $19,700
    $256,400
    $276,100
    -
    $19,700
    $256,400
    $276,100

    Comparable in this City

    • Value Estimation by Request
      7,770 SF

      553 Massachusetts St, Unit 71

      RETAIL STORES (PERSONAL SERVICES) • 7,770 SF
      553 Massachusetts St, Gary, IN 46402-2004
      View Details
    • Value Estimation
      $365,000
      7,440 SF

      1000 5th Ave, Unit 12

      RETAIL STORES (PERSONAL SERVICES) • 7,440 SF
      1000 5th Ave, Gary, IN 46402-1722
      View Details
    • Value Estimation
      $235,000
      1,200 SF

      537 5th Ave, Unit 43

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      537 5th Ave, Gary, IN 46402-1803
      View Details
    • Value Estimation by Request
      3,200 SF

      1313 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      1313 5th Ave, Gary, IN 46402
      View Details
    • Value Estimation by Request
      2,211 SF

      154 Virginia Appr St

      RETAIL STORES (PERSONAL SERVICES) • 2,211 SF
      154 Virginia Appr St, Gary, IN 46402
      View Details
    • Value Estimation
      $95,000
      794 SF

      401 Fillmore St

      RETAIL STORES (PERSONAL SERVICES) • 794 SF
      401 Fillmore St, Gary, IN 46402-1035
      View Details

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    • Contact for pricing
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      640 Polk St, Gary, IN 46402
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    • $75,000
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      Duplex with Rental Potential

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      Land For Sale

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    Similar Nearby for Lease

    • $6 SF/Yr
      60,000 SF

      Retail Space in Vibrant Corridor

      Retail space with high-traffic co-tenants and convenient highway access.
      6110 Broadway, Merrillville, IN 46402
      View Details
    • $19 SF/Yr
      1,109 SF

      Merrillville Office Space Available

      1,109 SF office space for lease in Merrillville, Indiana.
      8941 Broadway, Merrillville, IN 46402
      View Details
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    820 5th Ave, Unit 836
    Gary, IN 46402-1810
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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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