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Merrillville, IN Land for Sale

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169 properties
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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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M-1 Light Manufacturing Industrial Land
Updated: Jul 6
M-1 Light Manufacturing Industrial Land

2450 W Ridge Road, Gary, IN 46408

$189,900
500 sqft 0.47 AC lot
M‑1 light manufacturing zoned industrial land at 2450 W Ridge Road
Includes 8 city lots for inventory, parking, storage, or expansion
0.47 acres with listed property size of 500 SF
Public water available
Parking: off street, driveway, alley, and on street options
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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

5601 Melton Road, Gary, IN 46403

$189,000
2.67 AC lot

Vacant commercial land offering about 2.7 acres with frontage on US 20 and access to nearby utilities.

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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 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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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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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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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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Industrial Land with Existing Structure
Industrial Land with Existing Structure

2596 W 9th Avenue, Gary, IN 46404

$35,000
3,106 sqft 0.14 AC lot

Industrial parcel with an existing masonry building requiring substantial rehabilitation or redevelopment.

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Zoned R5 Residential Development Land
Zoned R5 Residential Development Land

800 Clark Rd, Gary, IN 46406

$575,000
7.91 AC lot

Flat, 7.91-acre site with two parcels, approximately 985 feet of frontage, and partial tree coverage for residential planning.

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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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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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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 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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Industrial Land with Manufacturing Zoning
Industrial Land with Manufacturing Zoning

3760 Arthur Street, Gary, IN 46408

Contact for pricing
12,502 sqft 0.29 AC lot

Vacant parcel with public water and sewer availability in an industrial park near regional roadway access.

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Signalized Corner Development Pad
Signalized Corner Development Pad

1080 Broadway, Gary, IN 46402

Contact for pricing
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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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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Wooded Building Site Near Beach
Wooded Building Site Near Beach

316-26 North Knox Street, Gary, IN 46403

$39,000
14,374 sqft 0.33 AC lot

Wooded homesite in Miller Beach with beach proximity and access at the end of the 300 block.

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Residential Lot Near Miller Beach
Residential Lot Near Miller Beach

300-10 Birch Avenue, Gary, IN 46404

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0.24 AC lot

Residential lot near the beach in Gary, Indiana.

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Residential Building Lot
Residential Building Lot

1109-1119 Oklahoma Street, Gary, IN 46403

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13,068 sqft 0.30 AC lot

Residential building site offering 105 feet of frontage and 125 feet of depth.

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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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R-3 Zoned Residential Development Lot
R-3 Zoned Residential Development Lot

501 West 41st Avenue, Gary, IN 46408

$40,000
34,630 sqft 0.80 AC lot

Oversized vacant parcel in an established neighborhood, zoned R-3 for residential and related community uses.

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Wooded Building Site Near Beach
Wooded Building Site Near Beach

243-255 Marion Street, Gary, IN 46403

$34,000
0.38 AC lot

Wooded 0.38-acre building site in Miller Beach area.

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Merrillville, IN Land Market Trends and Statistics

Explore 169 land for sale in Merrillville, IN, showcased through 169 active listings on our real estate platform. These investment opportunities span a total of 31,178,450 square feet of properties for sale, with an estimated market value of $8,380,198.

Sale prices for lots in Merrillville, IN start at $32,000, averaging $167,603, 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 $285.3K

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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