Commercial

Merrillville, IN Commercial Land for Sale

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Lakefront Retail Development Parcel
Updated: Jan 18
Lakefront Retail Development Parcel

614 S Lake Street, Gary, IN 46403

$210,400
5,600 sqft 0.07 AC lot
614 S Lake Street in Miller Beach, Indiana (East Lakefront District area)
Transit‑Oriented Development (TOD) zone, supporting mixed‑use, retail, dining, entertainment, or cultural development
Just steps from the brand‑new South Shore Line Train Station
Public utilities: public water available and public sewer
Year built: 1953
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Commercial Land with Highway Frontage
Updated: Jul 23
Commercial Land with Highway Frontage

5601 Melton Road, Gary, IN 46403

$189,000
2.67 AC lot
2.6‑acre vacant land with frontage on US 20
Across the street from the commuter train station
Water available from public water source
Surrounded by improved commercial and residential properties
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Prime Commercial Corner Lot
Prime Commercial Corner Lot

7900 Grant Street, Merrillville, IN 46410

$459,900
2.26 AC lot

2.2-acre corner lot zoned C-3 in Merrillville, Indiana.

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Corner Development Land Parcel
Corner Development Land Parcel

9100 Merrillville Road, Merrillville, IN 46410

$599,900
404,890 sqft 10.00 AC lot

Nearly 10-acre corner parcel currently zoned commercial with an option to rezone residential.

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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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Commercial Land with Billboards
Commercial Land with Billboards

1190 E 23rd Court, Lake Station, IN 46405

$199,900
18.00 AC lot

Commercial land with I-94 frontage, two leased billboards, and public water service.

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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 Site with Highway Frontage
Commercial Land Site with Highway Frontage

800 Gibson Street, Gary, IN 46403

$237,500
1.33 AC lot

Commercial land site with public utilities and strong access along US Routes 12 and 20.

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Commercial Land Near Train Station
Commercial Land Near Train Station

800 Gibson Street, Gary, IN 46403

$237,500
1.33 AC lot

Parcel offers public water and sewer service with direct placement along U.S. Routes 12 and 20.

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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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Corner Commercial Lot
Corner Commercial Lot

1232-38 Grant Street, Gary, IN 46404

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0.18 AC lot

Corner commercial parcel with water available and Grant Street frontage.

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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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Signalized Corner Development Pad
Signalized Corner Development Pad

1080 Broadway, Gary, IN 46402

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39,587 sqft 0.91 AC lot

Vacant commercial parcel with monument sign and confirmed city utilities at a lighted intersection in downtown Gary.

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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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C2 Commercial Land
C2 Commercial Land

0-Lot 11 Grant Street, Merrillville, IN 46410

$89,900
1.50 AC lot

C2-zoned parcel with public water and sewer service and utility tie-in availability.

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B-3 Zoned Commercial Development Site
B-3 Zoned Commercial Development Site

3433-39 Grant Street, Gary, IN 46408

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0.62 AC lot

B-3 zoned site along Grant Street in Gary with utilities available and prior car dealership and restaurant improvements.

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Merrillville Commercial Lot For Sale
Merrillville Commercial Lot For Sale

0-Lot 12 Grant Street, Merrillville, IN 46410

$79,900
1.50 AC lot

Prime 1.5-acre commercial lot in growing area.

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Highly Visible Highway Commercial Land
Highly Visible Highway Commercial Land

8400 Ohio Street, Merrillville, IN 46410

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1.75 AC lot

Approximately 1.75 acres of Highway Commercial-zoned land with direct visibility from I-65 and utility access to the site.

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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

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4.22 AC lot

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

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Zoned C-3 Commercial Land Site
Zoned C-3 Commercial Land Site

9031 Broadway, Merrillville, IN 46410

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1.84 AC lot

Commercial land offering 200 feet of frontage on Broadway with C-3 zoning for professional, medical, or retail development.

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Commercial Land with Office Building
Commercial Land with Office Building

2000 Central Ave, Gary, IN 46405

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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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Prime Land Investment Opportunity
Prime Land Investment Opportunity

8200 Grant St, Merrillville, IN 46410

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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

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12.03 AC lot

Commercial land with highway frontage and billboard included in sale.

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Merrillville, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Merrillville, IN, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 8,470,803 square feet of properties for sale, with an estimated market value of $5,063,700.

Sale prices for commercial lots in Merrillville, IN start at $50,000, averaging $316,481, 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 31
Residential land & home lots 24
Industrial land 2

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 $371.3K

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

Office

Property Size Breakdown

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

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