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B-3 Commercial Land
For Sale
$499,999

3700 Montgomery, Hobart, IN 46342

Land, Hobart, IN

Property SizeContact for details
Lot Size1.00 Acre
Days on Market157

Property Features for 3700 Montgomery

General Information

Property type Land
Property subtype Other
Subdivision Ridgewood Add
Lot features Corner Lot, Rectangular Lot
Directions Take I65 South and take Route 6 east, one mile on the right
Standard status Active
APN 450826204006000018
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2024
Tax Description RIDGEWOOD ADD BL.1 LOTS 10,11 & 12 RIDGEWOOD ADD BL.1 LOTS 4 TO 8 ,N.20FT OF LOT 9 & VAC. ALLEY
Tax Annual Amount 2080
Legal Description RIDGEWOOD ADD BL.1 LOTS 10,11 & 12 RIDGEWOOD ADD BL.1 LOTS 4 TO 8 ,N.20FT OF LOT 9 & VAC. ALLEY

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: McColly Real Estate
Listed By: Michael Becze · License #RB22000047
Added: Apr 1 Changed: Aug 19 Last Checked: Sep 4 at 7:06PM
MLS# 836593

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1.0-acre commercial land parcel occupies the corner of Montgomery St and 37th Ave in Hobart, Indiana. The site carries Business (B-3) zoning and provides approximately 86 feet of frontage along Montgomery St and 127 feet along 37th Ave. Public water and public sewer are available, with cable service also listed for the property.

The two south lots are zoned R2, and a variance would be required to use those portions for B-3 purposes. The parcel’s corner configuration and street exposure support consideration for new retail, restaurant, or office construction, subject to applicable approvals and development requirements.

Key Highlights

  • 1.0‑acre commercial land parcel at Montgomery St and 37th Ave
  • Approximately 86 feet of frontage on Montgomery St
  • Approximately 127 feet of frontage on 37th Ave

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Restaurant Law Firm Spa & Massage Center Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby

Demographics for 46342, IN

32,540
Population
13,774
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
35.0 sq mi
ZIP Area
930
Density / Sq Mi
$72,163
Median Household Income
$41,574
Median Earnings
$1,110
Median Rent
$193,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel with commercial zoning, public water, and public sewer serving potential retail, restaurant, or office development.
Where is this commercial land located?
The property is located at 3700 Montgomery Hobart, IN.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 1.0‑acre commercial land parcel at Montgomery St and 37th Ave; Approximately 86 feet of frontage on Montgomery St; Approximately 127 feet of frontage on 37th Ave
More about this property
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