Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5117 Broadway Gary, IN 46409

    For Sale
    $40,000

    Unimproved Land - Gary, IN

    Type:Unimproved Land
    Lot size:
    0.07 Acres
    Days on Market:
    151
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 5117 Broadway

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    450834351005000004
    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# 816712 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 Lot on Broadway

    This vacant lot is located on Broadway in Gary, Indiana. The 0.067-acre parcel offers high visibility and heavy traffic exposure. It provides convenient access to I-94, I-65, and the Toll Road, connecting to major hubs. This property is suitable for commercial ventures, development, or investment.
    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 Building Supply Clothing Store 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
    -87.335693
    Latitude
    41.524527

    Nearby Similar for Sale

    • $250,000
      0.07 Acres

      Renovated Duplex in Gary, Indiana

      Turnkey duplex with modern amenities, ideal for investors.
      1379 Roosevelt Pl, Gary, IN 46404
      View Details
    • $2,200,000
      48,192 SF

      Turn-Key Church with Daycare Facility

      Equipped church and daycare on 9 acres in Merrillville, IN.
      7525 Taft St, Merrillville, IN 46410
      View Details
    • New
      $235,000
      0.21 Acres

      Two Homes on One Lot

      Two homes on one lot, ideal for investors.
      2715 Floyd St, Gary, IN 46405
      View Details
    • $125,000
      5,000 SF

      Mixed-Use Building in Gary, Indiana

      Mixed-use property featuring a furnished basement with studio space.
      5007 W 5Th Ave, Gary, IN 46406
      View Details
    • $285,000
      1,950 SF

      Renovated Office Building in Miller Beach

      State-of-the-art office building in the heart of Miller Beach.
      563 S Lake St, Gary, IN 46403
      View Details
    • $495,000
      Pending

      Veterinary Clinic on US Route 30

      Well-equipped veterinary clinic on 0.86 acres with high visibility.
      3570 E Lincoln Hwy, Merrillville, IN 46410
      View Details

    FAQs

    What type of property is this?
    Land - Vacant lot in Gary, Indiana with high visibility.
    Where is this land located?
    The property is located at 5117 Broadway Gary, IN.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - High visibility location on Broadway, ideal for commercial ventures.; - Easy access to I-94, I-65, and the Toll Road.; - Vacant lot offering a versatile blank canvas for development.
    (847) 404-8900
    Request Owner's contact information
    5117 Broadway Gary, IN 46409
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5117 Broadway
    Gary, IN 46409
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5117 Broadway Gary, IN 46409
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.