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    Property profile & analytics
    OFF-MARKET
    Office Spaces

    870 Richard Rd, Dyer, IN 46311-1934

    4,000 SF 0.32 ac lot Built 1986
    Trust Owned Free & Clear
    Property ID
    US31-0248173
    Property summary
    AI-generated overview

    This exceptional 4,000 square foot retail property, situated on a 0.32-acre lot at 870 Richard Road in Dyer, Indiana, presents a remarkable investment opportunity. Its prime location near the high-traffic intersection of Calumet Avenue and Route 30 (Lincoln Highway) ensures maximum visibility and accessibility. The all-brick, truss construction building is exceptionally durable and well-maintained. Previously operating as a successful daycare center, this versatile space is easily adaptable to a variety of commercial uses. The flexible layout allows for division into two or four separate units, catering to diverse business needs. The building features two separate vestibules, each with two access entries, providing ample space and convenient access for customers and employees. Two HVAC units and two electric services ensure efficient climate control and power distribution. Internal amenities include five bathrooms and one kitchen, adding to the functionality of the space. External access is provided by two front doors and four rear doors, enhancing convenience and flexibility. A fenced rear area offers additional security and potential for outdoor use. This property's strategic location, combined with its adaptable design and numerous features, makes it an ideal investment for discerning buyers seeking a high-traffic, high-visibility retail space in a thriving community. The asking price is $650,000.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1986
    Construction WOOD
    Total area 4,000 SF
    Lot 0.32 ac (13,939 SF)
    APN 45-11-18-104-002.000-034
    UPID US31-0248173
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • World of Rainbows Learning Center Inc Daycare Center Foster Care Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Gacsy Living Trust
    Gacsy Living Trust
    since 2026
    5 recorded transactions
    2026
    2026
    2024
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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