Commercial

Merrillville, IN Commercial Land for Sale

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Griffith, IN Hammond, IN Highland, IN
38 properties
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Commercial Development Parcel in TOD
Updated: Jan 18
Commercial Development Parcel in TOD

614 S Lake Street, Gary, IN 46403

$263,000
5,600 sqft · 0.07 AC lot
614 S Lake Street, Miller Beach, Indiana commercial parcel in a Transit‑Oriented Development (TOD) zone
Just steps from the brand‑new South Shore Line Train Station
On‑street and alley parking
Public water available with public sewer connection
Built in 1953
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Prime Commercial Corner Lot
Updated: May 4
Prime Commercial Corner Lot

7900 Grant Street, Merrillville, IN 46410

$459,900
2.26 AC lot
2.2 Acre Corner Lot Zoned C‑3
Located off U.S. 30 and within a mile of I‑65
One of the larger commercial lots available
Zoned C‑3 allows for a wide range of commercial uses, such as hotels, banks, and retail.
Near banks, offices, and senior living
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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

3433-39 Grant Street, Gary, IN 46408

$480,000
0.62 AC lot

0.62 acres B-3 zoned land in high-traffic area.

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Merrillville Development Site For Sale
Merrillville Development Site For Sale

555 E 84th Drive, Merrillville, IN 46410

$375,000
2.84 AC lot

2.84 acre development site near U.S. 30 and Broadway.

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Downtown Gary Development Opportunity
Downtown Gary Development Opportunity

420 Adams Street, Gary, IN 46402

$200,000
0.24 AC lot

Prime location near planned revitalization, ideal for high-density housing.

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6.23 Acres Visible Land
6.23 Acres Visible Land

8400 Georgia Street, Merrillville, IN 46410

$650,000
6.23 AC lot

Highly visible 6.23 acres of land for sale.

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Commercial Land Near Train Station
Commercial Land Near Train Station

800 Gibson Street, Gary, IN 46403

$250,000
1.33 AC lot

1.3 acre commercial site near new South Shore train station.

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Commercial Land Near Train Station
Commercial Land Near Train Station

800 Gibson Street, Gary, IN 46403

$250,000
1.33 AC lot

1.3 acre commercial site near Miller Beach train station.

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Commercial Lot in Gary, Indiana
Commercial Lot in Gary, Indiana

1232-38 Grant Street, Gary, IN 46404

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0.18 AC lot

Commercial corner lot in Gary, Indiana, near I-80/94.

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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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Commercial Lot in Gary, Indiana
Commercial Lot in Gary, Indiana

1232-38 Grant Street, Gary, IN 46404

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0.18 AC lot

Corner lot zoned for commercial use near I-80/94.

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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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Prime Land Investment Opportunity
Prime Land Investment Opportunity

8200 Grant St, Merrillville, IN 46410

$944,450
14.53 AC lot

14.53 acres in thriving Merrillville area, ideal for investment.

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Highway Commercial Land For Sale
Highway Commercial Land For Sale

7990 E U.S. Highway 30, Merrillville, IN 46410

$2,250,000
12.03 AC lot

Commercial land with highway frontage and billboard included in sale.

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Prime Commercial Site Near Station
Prime Commercial Site Near Station

800 North Gibson Street, Gary, IN 46403

$250,000
57,761 sqft · 1.30 AC lot

1.3 acre commercial site near new train station.

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Merrillville Development Site For Sale
Merrillville Development Site For Sale

555 E 84th Drive, Merrillville, IN 46410

$375,000
2.84 AC lot

2.84 acre development site near U.S. 30 and Broadway.

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Merrillville Land on US 30
Merrillville Land on US 30

5103 E Lincoln, Merrillville, IN 46410

$749,900
5.15 AC lot

5+ acres on US 30 ready for development.

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Lake Station Land For Sale
Lake Station Land For Sale

2820 New York Street, Lake Station, IN 46405

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0.72 AC lot

0.717 acre lot with development opportunity in Lake Station.

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Prime Land Near Hard Rock Casino
Prime Land Near Hard Rock Casino

4297 W 29th Ave, Gary, IN 46404

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75.21 AC lot

75+ acres near I-80/94 and Hard Rock Casino.

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Commercial Corner Lot in Gary
Commercial Corner Lot in Gary

1232-38 Grant Street, Gary, IN 46404

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Corner lot zoned for commercial use near I-80/94.

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AmeriPlex at the Crossroads Land
AmeriPlex at the Crossroads Land

Gary, IN

$542,250
19.00 AC lot

386-acre mixed-use park with flexible zoning and premier location.

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Two Blocks of Land Available
Two Blocks of Land Available

901-1003 East 49th Avenue, Gary, IN 46409

$75,000
40,690 sqft · 0.93 AC lot

Two entire blocks of land, previously a grocery store.

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Pirates Plaza Land Opportunity
Pirates Plaza Land Opportunity

7905-7975 Broadway, Merrillville, IN

$1,350,000
0.80 AC lot

Prime commercial land available at a controlled intersection.

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Industrial Land with Ample Yard
Industrial Land with Ample Yard

1501-59 Fairbanks St, Gary, IN

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6.00 AC lot

6-acre site with significant yard space in Gary, Indiana.

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Merrillville, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Merrillville, IN, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 328,167 square feet of properties for sale, with an estimated market value of $1,337,900.

Sale prices for commercial lots in Merrillville, IN start at $75,000, averaging $334,475, and reaching up to $749,900 — 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

Commercial land 24
Residential land & home lots 5
Industrial land 1

Demographics Overview

Population 39K
Population Growth (5Y) +2.0%
Median Household Income $61,735
College Educated 16.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46410 $591.8K

Taxes & Financing

Tax Rate (average for all types) 2.32%
Property Tax per SF $33.26 per SF
Tax Rate vs County Average 0.75 pp below 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

Property Size Breakdown

The majority of commercial real estate listings in Merrillville fall within the 1 to 5 acres range.

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