Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

8396 Mississippi St Unit C c Merrillville, IN 46410

FOR LEASE
Other office properties
Property ID
US31-0763253
64,341 SF 1.78 ac lot Built 1979
Last sale Aug 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.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is an office facility located in Merrillville, Indiana, within a business park setting off a well-known road. It is positioned near a major hospitality and retail area, with proximity to business-grade hotels and shopping centers, including Southlake Mall directly opposite the property. Access is provided to Interstate 65 and U.S. Highway 30, with nearby amenities such as restaurants within a few miles, and Downtown Chicago approximately 43 miles away. The building provides…

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?
$49k
Tax billed · 2022
Assessed value · 2023$1.52M
Assessed land$646k
Assessed improvement$876k
Effective rate3.19%

Value estimate

· Oct 2026
$1.92M
$1.72M – $2.11M
Submarket $/SF estimate$1.63M

Realmo valuation models over county records and 5 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 comparables5

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility8.9
Electrical Service8.6
Catering Service8.3

Location

8396 Mississippi St Unit C, Unit c Merrillville, IN 46410
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog · not on file

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8021 Cleveland, Merrillville, IN 46410-5303 $165,000 Jan 2024 10,192 SF
300 90th, Merrillville, IN 46410-7188 $1,100,000 Dec 2023 10,348 SF
3801 Lincoln, Merrillville, IN 46410-5809 $900,000 Jun 2023 11,974 SF
7863 Broadway, Merrillville, IN 46410-5553 $3,560,000 Apr 2022 30,808 SF
375 84th, Merrillville, IN 46410-6245 $1,427,000 Feb 2022 31,527 SF
3313 83rd, Merrillville, IN 46410-6544 $602,500 May 2019 9,639 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again