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    Merrillville, IN Land for Sale

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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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    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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    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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    Vacant Manufacturing Lot in Gary
    Vacant Manufacturing Lot in Gary

    3760 Arthur Street, Gary, IN 46408

    Contact for pricing
    12,502 sqft · 0.29 AC lot

    Quarter-acre manufacturing-zoned lot near I-80/94 in Gary, Indiana.

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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

    Contact for pricing
    0.18 AC lot

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

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    Prime Commercial Land Available
    Prime Commercial Land Available

    5555 W Ridge Rd (Lot 2), Gary, IN 46408

    $125,000
    1.00 AC lot

    Approximately 1 acre for QSR or retail with curb cut.

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

    1232-38 Grant Street, Gary, IN 46404

    Contact for pricing
    0.18 AC lot

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

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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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    Industrial Land in Gary, IN
    Industrial Land in Gary, IN

    3760 Arthur Street, Gary, IN 46408

    Contact for pricing
    0.29 AC lot

    Land zoned for manufacturing in industrial park location.

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    5 Acres Land in Lake Station
    5 Acres Land in Lake Station

    32 Nd Laporte Street, Lake Station, IN 46405

    $114,900
    5.62 AC lot

    5.62 acres of land near I-80/94 and I-65.

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    Wooded Building Site Near Beach
    Wooded Building Site Near Beach

    243-255 Marion Street, Gary, IN 46403

    $39,000
    0.38 AC lot

    Wooded 0.38-acre building site in Miller Beach area.

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    Brookwood Subdivision Land For Sale
    Brookwood Subdivision Land For Sale

    2115 W 64th Place, Merrillville, IN 46410

    Contact for pricing
    0.32 AC lot

    Residential land adjacent to golf course in Brookwood Subdivision.

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    Half-Acre Vacant Lot in Gary
    Half-Acre Vacant Lot in Gary

    1124 Mount Street, Gary, IN 46406

    Contact for pricing
    0.50 AC lot

    Spacious lot for custom home or investment project.

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    Wooded Building Site Near Beach
    Wooded Building Site Near Beach

    231-241 Marion Street, Gary, IN 46403

    $37,000
    0.26 AC lot

    Wooded 0.26-acre building site near Miller Beach.

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    Waterfront Homebuilding Lot
    Waterfront Homebuilding Lot

    7506-10 Indian Boundary, Gary, IN 46403

    $65,000
    0.15 AC lot

    Build in Miller Beach on a waterfront-adjacent lot featuring a partially vacated alley for added design flexibility.

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    Vacant Corner Lot in Gary
    Vacant Corner Lot in Gary

    3601 Virginia Street, Gary, IN 46409

    Contact for pricing
    0.14 AC lot

    Corner lot with convenient access to amenities, shopping, and dining.

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    Merrillville, IN Land Market Trends and Statistics

    Explore 91 land for sale in Merrillville, IN, showcased through 91 active listings on our real estate platform. These investment opportunities span a total of 367,108 square feet of properties for sale, with an estimated market value of $1,643,000.

    Sale prices for lots in Merrillville, IN start at $35,000, averaging $205,375, and reaching up to $899,000 — 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

    Commercial land 22
    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 $575.6K

    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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    Most Searched ZIP Codes in Merrillville, IN

    • 46410
    • 46403
    • 46408
    • 46404
    • 46405
    • 46406
    • 46409
    • 46402
    • 46407

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