Description
Located in the commercial corridor of merrillville and hobart, indiana, this 1.8-acre parcel presents a prime development opportunity with its versatile m1 zoning. ideally positioned within an industrial park,this lot is a blank canvas designed to accommodate a diverse range of operations, including retail,service industries, production facilities, processing plants, and warehouses, among others. the property's zoning caters explicitly to businesses that benefit from proximity to major transportation veins, with excellent access to highways ensuring logistical ease for any enterprise.the flat terrain and all utilities available onsite simplifies construction and design, allowing for a more efficient utilization of space and a reduction in initial site preparation costs. adding to the value is an on-site billboard that generates approximately $1,500 in annual profits. the lot falls within the us 30 & 69th avenue tif (tax increment financing) district, an area specifically demarcated to spur economic development and improvement through strategic public investments.
Property Type
LandCounty
LakeStyle
LandAD ID
46621756
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Property Details
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Interior Features
Heating & Cooling
- WaterSource: Public
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Property / Lot Details
Lot Information
- Lot Dimensions: 290 x 287
- Lot Description: Corner Lot, Open Lot
- Lot Square Feet: 78408
- Lot Acres: 1.8
Property Information
- Property Type: Land
- Sub Type: Unimproved Land
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Taxes / Assessments
Tax Information
- Annual Tax: $5144
- Tax Year: 2023
- Parcel Number: 45-12-24-353-001.000-046
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School, Utilities &Location Details
Utility Information
- Electricity Available, Sewer Available, Water Available, Natural Gas Available
Location Information
- City: Merrillville
- Direction: Southeast corner of Colorado Street and East 84th Place.
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BuyOwner last updated this listing Sun Feb 09 2025
- MLS: NRA808405
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: nira
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 2 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Merrillville , in zip code 46410, this Lake County Land are nearby neighborhoods.