Property summary
This 7,118 square foot medical office building, part of the five-building Environ Professional Center complex, offers a prime location adjacent to Southlake Methodist Hospital in Merrillville, Indiana. The building boasts a beautiful brick exterior and is ideally suited for medical, dental, and other professional tenants. Currently, one suite is available for lease; Suite C, a 1,034 square foot space featuring two offices and a reception/waiting area. Gross rent includes real estate taxes,… insurance, and common area maintenance (CAM) expenses; tenants are responsible for separately metered utilities and janitorial services. The property enjoys excellent access, situated a half-mile southwest of the I-65/US Highway 30 interchange and one block east of Broadway (SR 53), with convenient access via 86th Avenue or Southlake Methodist Hospital Drive. The complex provides 77 total parking spaces. The building is zoned C-5 and is located within a thriving medical campus environment, close to shopping, restaurants, and other amenities. Merrillville offers a desirable location with the third-lowest tax rate in Lake County. This is a fantastic opportunity for a medical practice seeking a well-located, move-in ready space.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,942 SF
- Lot area
- 1.11 ac
- Year built
- 1978
- Stories
- 1
- APN
- 45-12-27-103-005.000-030
- Assessed value · 2023
- $530,000
- Annual tax · 2022
- $11,072
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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