8683 Connecticut St Merrillville, IN 46410
Property profile & analytics
8683 Connecticut St Merrillville, IN 46410
- Office Spaces
- 10,750 SF
- 1.55 lot acres
Property ID
US31-0441141
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.
Location Intelligence
Current Use by Public Records
- Family Health & Wellness Center / Physician
- Brown III John S MD / Pediatrician / Physician
- Four Seasons Medical / Medical Clinic
Property Details for 8683 Connecticut St
- Year built
- 1983
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.55 lot acres
- Property size
- 10,750 SF
- Property type
- Office Spaces
- APN
- 45-12-27-103-004.000-030
- APU
- 451227103004000030
Description
This single-story, 10,750-square-foot Class B medical office building in Merrillville, Indiana, is available for $699,000 ($65.02/SF). Located at 8683 Connecticut St, 46410, this property sits on a 1.55-acre lot and is zoned C5. Built in 1987, the building comprises four separate office suites, currently vacant with an occupancy date of June 14, 2024. Its advantageous location directly north of Methodist Hospital offers excellent visibility and accessibility. Ample parking is available. Importantly, this property is independent of the neighboring Property Owners Association, providing operational autonomy. The building presents a compelling investment opportunity for medical providers or investors seeking a well-positioned, sizable medical office space in a thriving area. The property's APN is 45-12-27-128-001.000-030. This is a prime opportunity to acquire a substantial medical office building in a high-demand location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,083,000
Market price range: $554k - $1.43M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $990,000 Current use
- RETAIL STORES
- $815,000 Change: -17% Conversion: Easy
- WAREHOUSE, STORAGE
- $800,000 Change: -19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Merrillville
- County
- Lake
- State
- Indiana
- Longitude
- -87.3306
- Latitude
- 41.4612
- 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
$17,347
$380,400
$450,000
$830,400
-
$380,400
$450,000
$830,400
