Property profile

8396 Mississippi St Merrillville, IN 46410

FOR LEASE
Office Spaces
Property ID
US31-0763253
64,341 SF 1.78 ac lot Built 1979
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,100 square foot office space in Merrillville, Indiana, is ideally situated at 8396 Mississippi Street, zip code 46410. The property is classified as a traditional office building and offers flexible leasing options. Businesses can lease the entire 2,100 square foot space or opt for individual, private office suites within the larger building. This makes it a perfect solution for companies of varying sizes, from small startups seeking a collaborative environment to larger firms needing multiple private offices. The building's design caters to a variety of business needs, providing a professional atmosphere conducive to productivity and growth. The location in Merrillville offers convenient access to local amenities and transportation networks, enhancing the overall appeal for businesses seeking a strategic location. This is a multiple tenancy building, providing a diverse and dynamic work environment. The property is ready for immediate occupancy and offers modern amenities, making it an attractive option for businesses looking to establish or expand their presence in the area. Interested parties are encouraged to inquire about available suite sizes and lease terms. The property's address is 8396 Mississippi Street, Merrillville, IN 46410.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1979
Construction WOOD
Total area 64,341 SF
Lot 1.78 ac (77,319 SF)
APN 45-12-22-478-005.000-030
UPID US31-0763253

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Psychotherapist Social Worker
  • Law Firm
  • Law Firm
  • Law Firm
  • Real Estate Agency

Location

8396 Mississippi St Merrillville, IN 46410
Merrillville metro Census 42302 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.63M
Blend (final) Blend
$1.92M

Owner & transaction history

since 2013
7 recorded transactions
2019
Price N/A
2013
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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