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Property profile & analytics

8236 Wright St Merrillville, IN 46410-4596

  • Warehouses
  • 12,060 SF
  • 1.01 lot acres
OFF-MARKET
Value Estimations
$815,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-0491230
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

  • Mastec / Big Box & Wholesale Store

Property Details for 8236 Wright St

Year built
2009
Construction
WOOD
Lot size
1.01 lot acres
Property size
12,060 SF
Zone code
R33
Property type
Warehouses
APN
45-12-19-327-003.000-030
APU
451219327003000030

Description

This exceptional 11,800-square-foot flex space, built in 2009, is situated in Merrillville, Indiana's BRS Industrial Park, offering a prime location with easy access to major transportation arteries. The property boasts a stunning steel-framed, steel-sided construction, featuring high-end office space with mahogany wood trim, French doors, a decorative tin ceiling, and a ¾ fully tiled bathroom in the master suite—perfect for use as a conference room. The office area also includes a well-appointed break room with stainless steel appliances and attractive built-in display cabinets, a large reception/open office area, two additional private offices, a restroom, and ample storage. The warehouse component offers a 16-foot clear height, three 12' x 14' overhead doors, one of which opens to a loading dock with a leveler, and additional mezzanine storage. A shop restroom is also included. The property's M-1 zoning allows for diverse uses, including office warehouse space for contractors, automotive businesses, or light manufacturing and distribution. The site features extensive parking and attractive landscaping. Its strategic location is just four miles west of the US Highway 30/I-65 interchange and five miles east of US Highway 41, providing convenient access to regional transportation networks. The address is 8236 Wright Street, Merrillville, IN 46410.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,061,000
    Market price range: $305k - $1.49M
    AI Estimate
    $493,000
    Market price range: $312k - $561k
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $900,000
    Current use
    COMMERCIAL (GENERAL)
    $1,110,000
    Change: +23% Conversion: Difficult
    RETAIL STORES
    $915,000
    Change: +2% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Merrillville
County
Lake
State
Indiana
Longitude
-87.3884
Latitude
41.4692
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
$21,224
$111,300
$574,500
$685,800
-
$111,300
$574,500
$685,800
More about this property
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