7413 S Harrison Avenue

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7413 S Harrison Avenue

Hammond, IN 46324
Asking Price
$60K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset located at 7413 S Harrison Avenue.
  • Property occupies a total footprint of 0.122 acres.
  • Asking price for this land parcel is $59,900.
  • Positioned within the active municipal market of Hammond, Indiana.
  • Suitable for specific commercial use cases and site development.

What's Special

This commercial land parcel presents a strategic development site for investors or business owners looking to establish a footprint in Hammond, Indiana. Spanning 0.122 acres, the property is positioned within an established area of the city, benefiting from the broader economic activity of the Northwest Indiana region. Its proximity to regional transit corridors makes it a practical choice for various commercial applications that require accessibility to the greater Chicago metropolitan market. The site serves as a potential foundation for specialized commercial ventures or service-oriented businesses seeking a footprint in a mature suburban neighborhood. Investors should consider the site's utility for small-scale development projects aligned with local zoning and the surrounding commercial landscape. The compact footprint offers a manageable entry point for development in a city that continues to integrate industrial and retail infrastructure to support its growing population and workforce.

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NOI
$80,000
Cap Rate
133.56%
DSCR
22.50
Strong
Cash-on-Cash
425.40%
Monthly Payment
$296.353
Annual Cash Flow
$76,443.77

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