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Merrillville, IN Land for Sale

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173 properties
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Transit-Oriented Commercial Land
Updated: Jan 18
Transit-Oriented Commercial Land

614 S Lake Street, Gary, IN 46403

$210,400
5,600 sqft 0.07 AC lot
0.074‑acre commercial land parcel with 5,600 square feet
Located within a Transit‑Oriented Development (TOD) Zone
614 S Lake Street, Gary, IN 46403
Water available with public water and public sewer
Near the South Shore Line Train Station
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Commercial Land Near Transit
Updated: Jul 23
Commercial Land Near Transit

5601 Melton Road, Gary, IN 46403

$189,000
2.67 AC lot
2.674 acres of commercial land
Frontage on US 20
Across from a commuter train station
Public water available
Surrounded by commercial and residential properties
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Corner Commercial Land
Corner Commercial Land

7900 Grant Street, Merrillville, IN 46410

$459,900
2.26 AC lot

C-3-zoned commercial land with water available and access to established office and senior-living surroundings.

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See hot listings in Merrillville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Transit-Oriented Commercial Land
Transit-Oriented Commercial Land

614 S Lake St, Gary, IN 46403

$210,400
5,600 sqft

Commercial land in a TOD Zone near the South Shore Line station and Miller Beach Business District.

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Commercial Land with Billboard Sites
Commercial Land with Billboard Sites

1190 E 23rd Court, Lake Station, IN 46405

$199,900
19.85 AC lot

Commercial acreage with two leased billboards, public water service, and frontage oriented toward I-94.

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B-3 Zoned Commercial Land
B-3 Zoned Commercial Land

3433-39 Grant Street, Gary, IN 46408

$480,000
0.62 AC lot

Commercial site with public water, public sewer, and natural gas availability for future redevelopment.

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Commercial Land Development Parcel
Commercial Land Development Parcel

555 E 84th Drive, Merrillville, IN 46410

$375,000
2.84 AC lot

Wooded commercial parcel with public water and sewer service available.

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Commercial Land for Self-Storage Development
Commercial Land for Self-Storage Development

4610 W Ridge Rd, Gary, IN 46408

$1,200,000
81,585 sqft

Ground-up project with a proposed climate-controlled-focused unit mix in the Northwest Indiana market.

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Commercial Land Parcel
Commercial Land Parcel

722 E Ridge Road, Gary, IN 46409

$50,000
1,040 sqft 0.12 AC lot

Commercial land with off-street parking and public water service.

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Prime Homesite in Miller Beach
Prime Homesite in Miller Beach

1083 N Wayne Street, Gary, IN 46403

$130,000
0.24 AC lot

Exceptional lot to build your custom dream home by the lake.

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Commercial Land
Commercial Land

2060 81st Ave, Merrillville, IN 46410

$495,000
2,308 sqft

Site positioned along U.S. 30 at 2060 81st Ave for commercial development.

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C-2 Commercial Land
C-2 Commercial Land

0-lot 8 Grant Street, Merrillville, IN 46410

$89,900
1.50 AC lot

A Merrillville development site near US 30 and the I-65 interchange, with public water and sewer.

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Commercial Land
Commercial Land

0-lot 9 Grant Street, Merrillville, IN 46410

$89,900
1.50 AC lot

The parcel is in Water Tower Park, near US 30 and the I-65 interchange.

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2.2 Acre Commercial Corner Lot
2.2 Acre Commercial Corner Lot

7900 Grant Street, Merrillville, IN 46410

$459,900
98,446 sqft 2.20 AC lot

Large commercial lot near U.S. 30 and I-65.

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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

Commercial site with public water and sewer access near a train station.

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Commercial Land Near Transit
Commercial Land Near Transit

800 Gibson Street, Gary, IN 46403

$237,500
1.33 AC lot

Commercial land with public water and sewer near the Lake Street business district and South Shore train station.

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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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Land, Merrillville, IN
Land, Merrillville, IN

5005 W Lincoln Highway, Merrillville, IN 46410

$224,000
7.10 AC lot

Commercial land · 7.10 Acres

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Land
Land

7436 Hayes Street, Merrillville, IN 46410

$1,505,376
2,737,311 sqft

Residential land & home lots · 2,737,311 SF

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Vacant Land Near Miller Beach
Vacant Land Near Miller Beach

1068 Warrick Street, Gary, IN 46403

$45,000
0.11 AC lot

Vacant land to build your dream home by the lake.

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Residential Home Lot with Beach Access
Residential Home Lot with Beach Access

1083 North Wayne Street, Gary, IN 46403

$130,000
10,498 sqft

Vacant homesite with approximately 93 feet of frontage on Oak Ave and a short block walk to beach access.

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Residential Lot Near Miller Beach
Residential Lot Near Miller Beach

300-10 Birch Avenue, Gary, IN 46404

Contact for pricing
0.24 AC lot

Residential lot near the beach in Gary, Indiana.

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Merrillville Development Site For Sale
Merrillville Development Site For Sale

555 East 84th Drive, Merrillville, IN 46410

$375,000
123,710 sqft 2.84 AC lot

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

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Wooded Building Site Near Beach
Wooded Building Site Near Beach

316-26 Knox Street, Gary, IN 46403

$32,000
0.33 AC lot

Wooded 0.33 acre building site near Miller Beach.

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Merrillville, IN Land Market Trends and Statistics

Explore 173 land for sale in Merrillville, IN, showcased through 173 active listings on our real estate platform. These investment opportunities span a total of 35,535,879 square feet of properties for sale, with an estimated market value of $14,398,375.

Sale prices for lots in Merrillville, IN start at $32,000, averaging $236,038, and reaching up to $1,505,376 — 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 26
Residential land & home lots 22
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 $251.3K

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)

Property Size Breakdown

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

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