Entity Owned Property summary
This exceptional 2.14-acre commercial land parcel in Merrillville, Indiana, presents a remarkable development opportunity. Located on Broadway Avenue, this property boasts 233 feet of prime frontage and is ideally situated just a quarter-mile south of Methodist Hospital. The C-3 Highway Commercial zoning allows for a wide range of uses, making it perfect for medical, professional office, or retail development. Previously platted as two lots, this site offers flexibility for various project… sizes. All utilities, including sewer and water, are readily available, along with off-site drainage. The property benefits from a high-traffic location, with a 2022 Indiana Department of Transportation traffic count of 23,301 vehicles per day on Broadway. Nearby businesses include medical offices, insurance agencies, and various retail establishments, creating a thriving commercial environment. The 2023 payable 2024 property taxes are $7,346.58. This is a turnkey opportunity for immediate development. The potential for assemblage with additional land (up to 8+ acres) is also available. This property offers significant potential for investors seeking a high-visibility location with strong infrastructure and a diverse surrounding community.
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
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
6 recorded sales · 15 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
- Lot area
- 2.14 ac
- APN
- 45-12-27-304-010.000-030
- Assessed value · 2023
- $345,000
- Annual tax · 2022
- $7,207
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
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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