Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    0- Grant St, Unit 5 Merrillville, IN 46410

    Pending
    For Sale
    $630,000

    Unimproved Land - Merrillville, IN

    Type:Unimproved Land
    Lot size:
    20.99 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 0- Grant St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Pending
    APN
    451220226004000030
    Lot size
    20.99 Acres

    Building Details

    Architectural style
    Other

    Water Tower Properties LLC (219) 746-6110 [email protected]

    Listing agent Harry Davis (219) 746-6110 License #RB14029089

    Listing date Nov 19, 2025

    MLS# 396782 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Merrillville, IN

    This property features 20.99 acres of unimproved land, shovel-ready for development. Zoned R-5 for high-density residential use, it is one of the few remaining parcels with this designation in Merrillville, Indiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.357241
    Latitude
    41.476417

    Nearby Similar for Sale

    • $2,200,000
      48,192 SF

      Turn-Key Church with Daycare Facility

      Equipped church and daycare on 9 acres in Merrillville, IN.
      7525 Taft St, Merrillville, IN 46410
      View Details
    • $350,000
      3,000 SF

      Turnkey Office Suite in Merrillville

      3,000 SF office suite ideal for professional services.
      2624 W 81St Ave, Merrillville, IN 46410
      View Details
    • $1,555,000
      9,240 SF

      Updated Office Building Investment Opportunity

      Updated two-story office building in Merrillville's Commercial & Office District.
      8420 Indiana St, Merrillville, IN 46410
      View Details
    • $165,000
      0.36 Acres

      Merrillville Duplex with Open Concept

      Charming duplex with updated kitchen and private patio.
      2306 W 65Th Ave, Merrillville, IN 46410
      View Details
    • $150,000
      2.21 Acres

      Updated Duplex in Merrillville, IN

      Updated open-concept ranch condominium with hardwood floors and fireplace.
      2312 W 65Th Ave, Merrillville, IN 46410
      View Details
    • $590,000
      5,581 SF

      High-Traffic U.S. 30 Frontage Flex

      Flex space on U.S. 30 with redevelopment potential.
      2215 W Lincoln Hwy, Merrillville, IN 46410
      View Details

    FAQs

    What type of property is this?
    Land - 21 acres of shovel-ready, high-density residential land.
    Where is this land located?
    The property is located at 0- Grant St, Unit 5 Merrillville, IN.
    What is the asking price?
    The asking price for this property is $630,000.
    What are key features of this property?
    This property features: - 21 Acres Shovel-Ready for Development; - R-5 High Density Residential Zoning; - One of the Few Remaining R-5 Parcels in Merrillville
    (219) 746-6110
    Request Owner's contact information
    0- Grant St, Unit 5 Merrillville, IN 46410
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    0- Grant St, Unit 5
    Merrillville, IN 46410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0- Grant St, Unit 5 Merrillville, IN 46410
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.