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    5103 E Lincoln St Merrillville, IN 46410

    For Sale
    $899,000

    Unimproved Land - Merrillville, IN

    Type:Unimproved Land
    Lot size:
    5.15 Acres
    Days on Market:
    360
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 5103 E Lincoln St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    451319301004000046
    Lot size
    5.15 Acres

    Building Details

    Architectural style
    Other

    CENTURY 21 AFFILIATED (219) 661-3000 [email protected]

    Listing agent Buford Eddy (219) 661-3000 License #RB14026526

    Listing date Dec 12, 2024

    MLS# 537598 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

    Merrillville Land on US 30

    This unimproved land parcel in Merrillville, Indiana, encompasses over 5 acres with 352 feet of frontage on US 30 and a depth of 636 feet. It is planned for B3 zoning, which accommodates a wide range of office and retail uses, including auto dealers, general office space, retail establishments, and recreational facilities. All utilities are available on site, facilitating immediate development. The property benefits from both east and west bound access to US 30, with potential turning access from the westbound lanes. Situated on the south side of US 30, the land is located between an existing strip mall and Albanese Candy. The ample frontage provides flexibility in utilizing the entire 5-acre area, presenting significant opportunities for investors or business owners.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.273593
    Latitude
    41.469875

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    FAQs

    What type of property is this?
    Commercial land - 5+ acres of land with utilities and US 30 frontage.
    Where is this commercial land located?
    The property is located at 5103 E Lincoln St Merrillville, IN.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Over 5 acres with **352 feet of frontage on US 30**.; - Planned for B3 zoning, allowing for most office and retail uses.; - All utilities are on site and ready for development.
    (219) 661-3000
    Request Owner's contact information
    5103 E Lincoln St Merrillville, IN 46410
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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
    5103 E Lincoln St Merrillville, IN 46410
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