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    3600 W Lake Park Ave Hobart, IN 46342

    Under Contract
    For Sale
    $600,000

    LAND - Lake Station, IN

    Lot size:
    21.90 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 3600 W Lake Park Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    450919426001000020
    Lot size
    21.90 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Re/Max Executives (219) 987-2230 [email protected]

    Listing agent Cody Wedding (219) 779-3721

    Listing date Oct 31, 2025

    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

    Industrial Land Near Tyler Avenue

    This property features nearly 22 acres, primarily zoned for industrial use, offering extensive development opportunities. The site benefits from convenient access via Tyler Avenue and is located just north of Ridge Road, providing a short commute to multiple interstates. Currently operating as an active airport runway, the property is tax exempt with abatement, offering potential for continued use as an airport. A total of three parcels are included in the sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flying Sky Ranch ... Self-Storage Facility AUTO GLASS FITTERS Auto Glass Shop Hobart Sky Ranch ... Airport

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hobart
    County
    Lake
    State
    Indiana
    Longitude
    -87.263953
    Latitude
    41.553919

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    FAQs

    What type of property is this?
    Industrial land - 21.9 acres of industrial land with development possibilities.
    Where is this industrial land located?
    The property is located at 3600 W Lake Park Ave Hobart, IN.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Approximately 22 acres, zoned INDUSTRIAL, offering significant development potential.; - Convenient access via Tyler Ave, near Ridge Road, with proximity to multiple interstates.; - Currently tax exempt with abatement.
    (219) 779-3721
    Request Owner's contact information
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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
    3600 W Lake Park Ave Hobart, IN 46342
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