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    138 E Ridge Rd Gary, IN 46409

    For Sale
    $45,000

    Unimproved Land - Gary, IN

    Type:Unimproved Land
    Lot size:
    0.07 Acres
    Days on Market:
    151
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 138 E Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    450827102021000004
    Exterior features
    Corner Lot
    Lot size
    0.07 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Residential (847) 404-8900 [email protected]

    Listing agent Brooklynn Ross (847) 404-8900 License #RB15000256

    Listing date Jul 8, 2025

    MLS# 816721 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

    Vacant Corner Lot in Gary

    This vacant corner lot is located at 138 E Ridge Road in Gary, Indiana. The 0.072-acre property is positioned in a high-traffic, high-visibility area, offering exposure suitable for commercial development, investment, or a custom project. The location is near Indiana University Northwest and provides easy access to major routes, including I-94 and the Toll Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.334263
    Latitude
    41.550264

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    FAQs

    What type of property is this?
    Land - High-visibility corner lot near Indiana University Northwest, ideal for development.
    Where is this land located?
    The property is located at 138 E Ridge Rd Gary, IN.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - High-traffic, high-visibility corner lot location.; - Minutes from Indiana University Northwest.; - Ideal for commercial development, investment, or custom project.
    (847) 404-8900
    Request Owner's contact information
    138 E Ridge Rd Gary, IN 46409
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    Gary, IN 46409
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    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
    138 E Ridge Rd Gary, IN 46409
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