Industrial Land Lease
For Lease
$4,000/Mo
3940 Grant Street, Gary, IN 46408
Commercial Lease, Gary, IN
Space SizeContact for details
Lot Size2.38 Acres
Days on Market34
Property Features for 3940 Grant Street
General Information
Property type
Commercial Lease
Property subtype
Other
Directions
RIDGE ROAD TO GRANT GO SOUTH SECOND PROPERTY ON THE LEFT
Standard status
Active
APN
450829278005000001
Lot size
2.38 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PT. E.1/2 SE.1/4 NE.1/4 S.29 T.36 R.8 2.38AC
Tax Annual Amount
2469
Legal Description
PT. E.1/2 SE.1/4 NE.1/4 S.29 T.36 R.8 2.38AC
Utilities
Utilities
Water Available
Building Details
Year built
1934
Listing Agency:
McColly Real Estate
(219) 934-6300
Listed By:
Maria Carmen Becerra · License #RB14037963
(219) 484-3055
Added: Jul 19
Changed: Aug 19
Last Checked: Aug 21 at 3:06PM
MLS# 842552
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 is an industrial zoned land lot offered for lease. The property includes 2.38 acres and has electric connected, with trucks allowed for operations on site.
The lot is located approximately 1.5 miles from an Interstate 94 ramp and about 234 feet off the Ridge Road intersection.
Suitable for industrial uses where a leased yard space is needed, the property offers straightforward land configuration with utilities already connected.
The lot is located approximately 1.5 miles from an Interstate 94 ramp and about 234 feet off the Ridge Road intersection.
Suitable for industrial uses where a leased yard space is needed, the property offers straightforward land configuration with utilities already connected.
Key Highlights
- Industrial‑zoned lot for lease with trucks allowed
- 2.38‑acre property just 234 ft off the Ridge Road intersection
- 1.5 miles to an I‑94 ramp
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Explore this area
Business Placement
Demographics for 46408, IN
15,109
Population
7,861
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
84%
High-School Grad
9.7 sq mi
ZIP Area
1,558
Density / Sq Mi
$47,063
Median Household Income
$35,163
Median Earnings
$1,016
Median Rent
$96,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial land - Industrial zoned lot for lease with 2.38 acres and electric connected, with trucks allowed.
Where is this industrial land located?
The property is located at 3940 Grant Street Gary, IN.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Industrial‑zoned lot for lease with trucks allowed; 2.38‑acre property just 234 ft off the Ridge Road intersection; 1.5 miles to an I‑94 ramp
