Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    9116 Columbia Ave Ste B Munster, IN 46321-2930

    • Medical offices
    • 21,003 SF
    • 4.52 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Location Intelligence
    Property ID
    US31-1174474
    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.

    Current Use by Public Records

    • Cuban Nicholas P DDS / Dentist
    • Kudaimi Muhammad M MD / Gastroenterologist
    • Ramasamy Malar MD / Doctor
    • David Herbstman MD / Gastroenterologist
    • Sheree Richardson / Audiologist

    Property Details for 9116 Columbia Ave Ste B

    Year built
    1983
    Construction
    TYPE NOT SPECIFIED
    Lot size
    4.52 lot acres
    Property size
    21,003 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    45-07-30-104-024.000-027
    APU
    450730104024000027

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $530,000
      6.5%
      $515,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $570,000
      Mixed-Use
      $620,000
      Hospitality
      $530,000
      Educational
      $495,000
      Residential Income
      $620,000
      Energy
      $610,000
      Income-Based Land
      $625,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Munster
    County
    Lake
    State
    Indiana
    Longitude
    -87.5058
    Latitude
    41.5488
    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
    $8,495
    $40,200
    $287,300
    $327,500
    -
    $40,200
    $287,300
    $327,500

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      1644 45th St

      MEDICAL BUILDING • 2,400 SF
      1644 45th St, Munster, IN 46321-3970
      View Details
    • Value Estimation by Request
      36,620 SF

      761 45th St

      MEDICAL BUILDING • 36,620 SF
      761 45th St, Munster, IN 46321-2893
      View Details
    • Value Estimation by Request
      11,823 SF

      9122 Columbia Ave

      MEDICAL BUILDING • 11,823 SF
      9122 Columbia Ave, Munster, IN 46321-2907
      View Details
    • Value Estimation by Request
      26,856 SF

      8840 Calumet Ave

      MEDICAL BUILDING • 26,856 SF
      8840 Calumet Ave, Munster, IN 46321-2545
      View Details
    • Value Estimation by Request
      5,035 SF

      706 Rdg Rd

      MEDICAL BUILDING • 5,035 SF
      706 Rdg Rd, Munster, IN 46321-1612
      View Details
    • Value Estimation by Request
      40,690 SF

      800 Macarthur Blvd

      MEDICAL BUILDING • 40,690 SF
      800 Macarthur Blvd, Munster, IN 46321-2917
      View Details

    Similar Nearby for Sale

    • $389,000
      1,500 SF

      Maple Leaf Crossing Office Condo

      Modern 1,500 SF Office Condo in Munster, IN
      9410 Calumet Ave, Munster, IN 46321
      View Details
    • $1,595,000
      2,900 SF

      Munster Commercial Building For Sale

      New 2,900 SF Mixed-Use Property
      407 Ridge Rd, Munster, IN 46321
      View Details
    • $3,300,000
      61,500 SF

      Commercial Office Condominium Opportunity

      Located in a rapidly developing commercial corridor on Calumet Avenue.
      9410 Calumet Ave, Munster, IN 46321
      View Details
    • $4,950,000
      29,754 SF

      Versatile Commercial Building on Calumet

      30,372 SF building on 3.77 acres, ideal for various uses.
      10350 Calumet Ave, Munster, IN 46321
      View Details
    • $640,000
      4,048 SF

      Munster Investment Property For Sale

      Rare investment opportunity near South Shore Train Station in Munster.
      303 Ridge Rd, Munster, IN 46321
      View Details
    • $499,000
      4,722 SF

      Mixed-Use Building on Ridge Road

      4,722 SF Munster building with retail, office, and apartment.
      27 Ridge Rd, Munster, IN 46321
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      2,900 SF

      Prime Munster Office Space For Lease

      New 2,900 SF Office, Retail, or Restaurant Space
      407 Ridge Rd, Munster, IN 46321
      View Details
    • $10 SF/Yr
      7,555 SF

      Remodeled Office Space in Munster

      7555 sq ft office space in premier South Munster location.
      1630 45Th St, Munster, IN 46321
      View Details
    • $32 SF/Yr
      21,000 SF

      Munster Office/Medical Space For Lease

      Office and medical office space available for lease in Munster.
      9505 Calumet Ave, Munster, IN 46321
      View Details
    • $35 SF/Yr
      2,000 SF

      New Construction Class A Office

      Class A office space available in 2025 near Community Hospital.
      10020 Calumet Ave, Munster, IN 46321
      View Details
    • $12 SF/Yr
      18,098 SF

      Harrison Ridge Executive Suites

      Munster, IN Office & Retail Space Available
      417-435 Ridge Rd, Munster, IN 46321
      View Details
    • $18 SF/Yr
      4,536 SF

      Turnkey Office Space Available

      Class A office space for rent on Calumet Avenue.
      10120 Calumet Ave, Munster, IN 46321
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9116 Columbia Ave Ste B
    Munster, IN 46321-2930
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.