The property is a 12,640-square-foot warehouse building with 2,040 square feet of office space and 10,600 square feet of free-span warehouse area. The office area includes a conference room, private office, reception area, and room configured for cubicles. Industrial features include five 14-foot overhead doors and 18-foot ceilings throughout the warehouse. The site comprises 0.99 acres and includes a fenced lot. The building is located on Louisiana Street in Merrillville, Indiana, providing access to the US 30 and I-65 interchange.

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?

$14k

Tax billed · 2022

Assessed value · 2023$683k

Assessed land$157k

Assessed improvement$526k

Effective rate2.01%

Value estimate

· Nov 2026

$410k

$369k – $451k

Submarket $/SF estimate$1.06M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$75/SF

County average, outlier-cleaned · 21 recorded sales of this use type

Observed band · Q1–Q3$25 – $123

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

What can be built here?

R33

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 Facility10.0

Locksmith8.8

Catering Service8.3

8774 Louisiana St Merrillville, IN 46410-7151

County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

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 · 12 properties nearby

Address Sale price Sold Size

9100 Louisiana St Bldg, Merrillville, IN 46410-7279 $624,000 Apr 2024 9,600 SF

8570 Louisiana, Merrillville, IN 46410-6360 $400,000 Feb 2023 5,760 SF

9171 Louisiana, Merrillville, IN 46410-7156 $931,830 Aug 2022 10,640 SF

1402 86th, Merrillville, IN 46410-6342 $1,555,000 Oct 2021 27,981 SF

1575 89th, Merrillville, IN 46410-7197 $315,000 Apr 2021 10,192 SF

7924 Independence, Merrillville, IN 46410-5215 $150,000 May 2019 6,740 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

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Value Estimation
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Value Estimation
$640,000

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WAREHOUSE, STORAGE

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8774 Louisiana St Merrillville, IN 46410

Property summary