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    Hobart, IN
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    Hobart, IN Commercial Land for Sale

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    Lake Station, IN Portage, IN Crown Point, IN Valparaiso, IN
    10 properties
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    B-3 Commercial Land
    Updated: Apr 1
    B-3 Commercial Land

    3700 Montgomery, Hobart, IN 46342

    $499,999
    1.00 AC lot
    1.0‑acre commercial land parcel at Montgomery St and 37th Ave
    Approximately 86 feet of frontage on Montgomery St
    Approximately 127 feet of frontage on 37th Ave
    Business (B‑3) zoning on the parcel
    Public water and public sewer available
    View details
    Hobart Land Package For Sale
    Updated: Oct 23, 2025
    Hobart Land Package For Sale

    3800 Gill Street, Hobart, IN 46342

    $94,900
    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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    PUD Development Land Across Hospital
    PUD Development Land Across Hospital

    100 E 61st Avenue, Hobart, IN 46342

    $1,200,000
    11.24 AC lot

    Vacant 11.24-acre PUD-zoned parcel across from St. Mary Medical Center with access to I-65 and US-30.

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    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Commercial Outlot Parcel Land
    Commercial Outlot Parcel Land

    1403-1413 Lake Park Ave, Hobart, IN 46342

    Contact for pricing
    76,307 sqft 0.57 AC lot

    Three separate retail outlots offer ample parking and strong exposure near St. Mary’s Medical Center.

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    Commercial Outlots Near Medical Center
    Commercial Outlots Near Medical Center

    1403-1501 Lake Park Avenue, Hobart, IN 46342

    Contact for pricing

    Three commercial outlots are available individually or as a combined acquisition within a retail plaza with retail and office tenants.

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    Medical Office or Multifamily Land
    Medical Office or Multifamily Land

    1280 S Wisconsin Street, Hobart, IN 46342

    Contact for pricing
    2.23 AC lot

    Clear, level 2.23-acre parcel with 338 feet of frontage on South Wisconsin Street in Hobart.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    B-3 Zoned Corner Commercial Land
    B-3 Zoned Corner Commercial Land

    800 W Old Ridge Rd, Hobart, IN 46342

    Contact for pricing

    Corner commercial parcel at a four-way stop with B-3 zoning and retail development potential.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    1359 S Lake Park Ave, Hobart, IN 46342

    Contact for pricing

    Divisible commercial parcel positioned near Hobart Hospital and established retail, office, and medical uses.

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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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    Land
    Land

    4600 W 37th Ave, Hobart, IN 46342

    Contact for pricing

    Commercial land

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

    Commercial Land with Office Building
    Commercial Land with Office Building

    2000 Central Ave, Gary, IN 46405

    Contact for pricing
    3,000 sqft

    Zoned commercial land with an existing office building and multiple garages on a high-visibility Central Avenue site.

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    Commercial Land with Leased Billboards
    Commercial Land with Leased Billboards

    1190 E 23rd Court, Lake Station, IN 46405

    Contact for pricing

    Commercial land with interstate-facing frontage and two leased billboard structures generating annual income.

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    Land on Heavily Traveled Highway
    Land on Heavily Traveled Highway

    2800 Central Ave, Lake Station, IN 46405

    Contact for pricing

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

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    Vacant Land on Broadway
    Vacant Land on Broadway

    4533 Broadway, Gary, IN 46408

    $50,000

    Vacant land on Broadway near 80/94 and IUN, with potential to be purchased as a package.

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    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

    $225,000
    Estimated value
    0.52 AC lot
    View details
    3559 Michigan St
    VACANT COMMERCIAL LAND

    3559 Michigan St, New Chicago, IN 46342-2060

    $265,000
    Estimated value
    0.07 AC lot
    View details
    3559 Michigan St
    VACANT COMMERCIAL LAND

    3559 Michigan St, New Chicago, IN 46342-2060

    $250,000
    Estimated value
    0.11 AC lot
    View details
    Of
    VACANT COMMERCIAL LAND

    Of, Hobart, IN 46342

    $245,000
    Estimated value
    0.85 AC lot
    View details
    3701 Montgomery St
    VACANT COMMERCIAL LAND

    3701 Montgomery St, Hobart, IN 46342-1622

    $235,000
    Estimated value
    0.09 AC lot
    View details
    3701 Montgomery St
    VACANT COMMERCIAL LAND

    3701 Montgomery St, Hobart, IN 46342-1622

    $235,000
    Estimated value
    0.09 AC lot
    View details
    3453 37th Ave
    VACANT COMMERCIAL LAND

    3453 37th Ave, Hobart, IN 46342-1751

    $235,000
    Estimated value
    0.09 AC lot
    View details
    3457 37th Ave
    VACANT COMMERCIAL LAND

    3457 37th Ave, Hobart, IN 46342-1751

    $235,000
    Estimated value
    0.09 AC lot
    View details
    720 County Line Rd
    VACANT COMMERCIAL LAND

    720 County Line Rd, Hobart, IN 46342-5400

    $235,000
    Estimated value
    1.72 AC lot
    View details
    4420 61st Ave
    VACANT COMMERCIAL LAND

    4420 61st Ave, Hobart, IN 46342-6472

    $245,000
    Estimated value
    4.15 AC lot
    View details
    1260 Wisconsin St
    VACANT COMMERCIAL LAND

    1260 Wisconsin St, Hobart, IN 46342

    $240,000
    Estimated value
    2.28 AC lot
    View details
    1280 Wisconsin St
    VACANT COMMERCIAL LAND

    1280 Wisconsin St, Hobart, IN 46342

    $240,000
    Estimated value
    2.24 AC lot
    View details
    Lk Geore W Of Frnt St
    VACANT COMMERCIAL LAND

    Lk Geore W Of Frnt St, Hobart, IN 46342

    $235,000
    Estimated value
    17.54 AC lot
    View details
    4890 81st E Ave
    VACANT COMMERCIAL LAND

    4890 81st E Ave, Hobart, IN 46342

    $870,000
    Estimated value
    1.50 AC lot
    View details

    Hobart, IN Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Hobart, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 782,773 square feet of properties for sale, with an estimated market value of $1,794,899.

    Sale prices for commercial lots in Hobart, IN start at $94,900, averaging $598,299, and reaching up to $1,200,000 — 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 34
    Commercial land 10
    Industrial land 3
    Agricultural land / Farmland 2
    Waterfront Land 2

    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 $598.3K

    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

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