Commercial

Hobart, IN Commercial Land for Sale

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Hobart Corner Development Opportunity
Updated: Apr 1
Hobart Corner Development Opportunity

3700 Montgomery, Hobart, IN 46342

$499,999
1.00 AC lot
High‑visibility corner location at the intersection of Montgomery St and 37th Ave.
Zoned Business (B‑3), suitable for retail, restaurant, or office.
1. 0 acre development opportunity.
Approximately 86 feet of frontage on Montgomery St.
Approximately 127 feet of frontage on 37th Ave.
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Hobart Land Package For Sale
Updated: Oct 23, 2025
Hobart Land Package For Sale

3800 Gill Street, Hobart, IN 46342

$99,900
1.52 AC lot
1.52 Acres Total Land for Sale
Lot 2 is Developed with Road Access and Utilities Available
Includes Multiple Lots: Lot 2, Lots 16‑24 (.65 acres), and Lots 25‑33 (.65 acres)
Public Water and Sewer Available
Survey Already Completed and Available
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Prime Main Street Land Opportunity
Prime Main Street Land Opportunity

235 Main Street, Hobart, IN 46342

$895,000
8,581 sqft 0.20 AC lot

Vacant lot on Main Street with development potential.

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Commercial Outlots in Hobart
Commercial Outlots in Hobart

140 Lake Park Ave, Hobart, IN

Contact for pricing
1.41 AC lot

Three separate commercial outlots available for sale or lease.

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Prime Development Site in Hobart
Prime Development Site in Hobart

8203 Colorado, Hobart, IN

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19.21 AC lot

19.21-acre development site in Northwest Indiana's retail hub.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Prime Development Site on US-30
Prime Development Site on US-30

3425 E U.S. Hwy 30, Merrillville, IN 46410

$2,300,000
4.22 AC lot

4.22 acre development site in a high-traffic retail area.

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Restaurant Pad Ready For Development
Restaurant Pad Ready For Development

6201 Opportunity Ln, Merrillville, IN 46410

$350,000
1.00 AC lot

Improved restaurant pad near I-65, ideal for highway restaurant.

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Lake Station Land For Sale
Lake Station Land For Sale

2820 New York Street, Lake Station, IN 46405

Contact for pricing
0.72 AC lot

0.717 acre lot with development opportunity in Lake Station.

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Land on Heavily Traveled Highway
Land on Heavily Traveled Highway

2800 Central Ave, Lake Station, IN 46405

$34,900

Land suitable for quick-service restaurant in Lake Station, Indiana.

View details

Off-Market Properties in Hobart, IN

Consider similar Off-Market properties in Hobart, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3451 37th Ave
VACANT COMMERCIAL LAND

3451 37th Ave, Hobart, IN 46342-1751

Value Estimation by Request
0.52 AC lot
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3559 Michigan St
VACANT COMMERCIAL LAND

3559 Michigan St, New Chicago, IN 46342-2060

Value Estimation by Request
0.07 AC lot
View details
3559 Michigan St
VACANT COMMERCIAL LAND

3559 Michigan St, New Chicago, IN 46342-2060

Value Estimation by Request
0.11 AC lot
View details
Of
VACANT COMMERCIAL LAND

Of, Hobart, IN 46342

Value Estimation by Request
0.85 AC lot
View details
3701 Montgomery St
VACANT COMMERCIAL LAND

3701 Montgomery St, Hobart, IN 46342-1622

Value Estimation by Request
0.09 AC lot
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3701 Montgomery St
VACANT COMMERCIAL LAND

3701 Montgomery St, Hobart, IN 46342-1622

Value Estimation by Request
0.09 AC lot
View details
3453 37th Ave
VACANT COMMERCIAL LAND

3453 37th Ave, Hobart, IN 46342-1751

Value Estimation by Request
0.09 AC lot
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3457 37th Ave
VACANT COMMERCIAL LAND

3457 37th Ave, Hobart, IN 46342-1751

Value Estimation by Request
0.09 AC lot
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720 County Line Rd
VACANT COMMERCIAL LAND

720 County Line Rd, Hobart, IN 46342-5400

Value Estimation by Request
1.72 AC lot
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4420 61st Ave
VACANT COMMERCIAL LAND

4420 61st Ave, Hobart, IN 46342-6472

Value Estimation by Request
4.15 AC lot
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1260 Wisconsin St
VACANT COMMERCIAL LAND

1260 Wisconsin St, Hobart, IN 46342

Value Estimation by Request
2.28 AC lot
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1280 Wisconsin St
VACANT COMMERCIAL LAND

1280 Wisconsin St, Hobart, IN 46342

Value Estimation by Request
2.24 AC lot
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Lk Geore W Of Frnt St
VACANT COMMERCIAL LAND

Lk Geore W Of Frnt St, Hobart, IN 46342

Value Estimation by Request
17.54 AC lot
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4890 81st E Ave
VACANT COMMERCIAL LAND

4890 81st E Ave, Hobart, IN 46342

$870,000
Estimated value
1.50 AC lot
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703 Hobart Rd
VACANT COMMERCIAL LAND

703 Hobart Rd, Hobart, IN 46342-2480

Value Estimation by Request
0.24 AC lot
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4427 Us Hwy 30
VACANT COMMERCIAL LAND

4427 Us Hwy 30, Hobart, IN 46342

Value Estimation by Request
2.25 AC lot
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713 3rd St
VACANT COMMERCIAL LAND

713 3rd St, Hobart, IN 46342-4416

Value Estimation by Request
0.15 AC lot
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600th W 3rd St
VACANT COMMERCIAL LAND

600th W 3rd St, Hobart, IN 46342

Value Estimation by Request
0.22 AC lot
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82nd Ave
VACANT COMMERCIAL LAND

82nd Ave, Hobart, IN 46342

Value Estimation by Request
6.50 AC lot
View details

Hobart, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Hobart, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,581 square feet of properties for sale, with an estimated market value of $895,000.

Sale prices for commercial lots in Hobart, IN start at $895,000, averaging $895,000, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 10
Commercial land 6

Demographics Overview

Population 33K
Population Growth (5Y) +6.2%
Median Household Income $72,163
College Educated 27.1%

High-Yield Neighborhoods for Investment

Identify Hobart submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46342 $436.2K

Taxes & Financing

Tax Rate (average for all types) 3.17%
Property Tax per SF $56.09 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

Retail

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