8130 Calumet AveMunster, IN 46321

  • Commercial land
  • 0.36 AC

Property Details for 8130 Calumet Ave

Lot size
0.36 AC
Property type
Commercial land
APN
45-06-24-229-017.000-027
APU
450624229017000027

Description

This exceptional retail opportunity is located at 8130-38 Calumet Avenue in Munster, Indiana, within Lake County (zip code 46321). The property boasts a prime location in Munster's bustling retail district, less than half a mile from the heavily trafficked I-80/94 interchange. This newly constructed (2023) building offers a total of 3,630 square feet, situated on a 0.36-acre lot. Currently, a portion of the building is occupied by Smoothie King and Parlor Doughnuts, creating a strong synergy for potential tenants. A single vacant retail space of 674 square feet is available, representing a south endcap unit. The building features multiple tenancies, providing flexibility and potential for growth. With over 43,000 vehicles passing daily on Calumet Avenue, this location offers unparalleled visibility and access to a large customer base. This is an excellent opportunity to establish a business in a highly desirable and competitive market with established co-tenants. The property's strategic location and modern construction make it an ideal investment for businesses seeking high visibility and strong foot traffic. The available space presents a unique chance to join a thriving retail center in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,736,202
    Hospitality
    $5,254,330
    Educational
    $4,371,542
    Medical
    $4,521,886
    Retail
    $6,800,176

Location Insight

City
Munster
County
Lake
State
Indiana
Latitude
41.5653
Longitude
-87.5093
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
2023
$6,836
$223,600
-
$223,600
-
$223,600
-
$223,600

FAQs

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