8210 Louisiana St Merrillville, IN 46410-6354
- Hotels
- 53,076 SF
- 2.14 lot acres
Current Use by Public Records
- Norwood Inn & Suites Merrillville / Hotel
Property Details for 8210 Louisiana St
- Year built
- 1978
- Construction
- WOOD
- Lot size
- 2.14 lot acres
- Property size
- 53,076 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 45-12-22-426-001.000-030
- APU
- 451222426001000030
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,520,000
- 6.5%
- $3,695,000
- 7%
- $3,180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,050,000
- Geo Method
- $2,825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,655,000
- Retail
- $2,665,000
- Mixed-Use
- $2,705,000
- Hospitality
- $3,280,000
- Educational
- $2,620,000
- Residential Income
- $3,050,000
- Energy
- $2,625,000
- Income-Based Land
- $3,050,000
- Food Service
- $3,665,000
Location Insight
- Map
- Local Demand
- City
- Merrillville
- County
- Lake
- State
- Indiana
- Longitude
- -87.3208
- Latitude
- 41.4699
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA