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Commercial Land with Highway Frontage
For Sale
$189,000

5601 Melton Road, Gary, IN 46403

Land, Gary, IN

Property SizeContact for details
Lot Size2.67 Acres
Days on Market36

Property Features for 5601 Melton Road

General Information

Property type Land
Property subtype Other
Subdivision Dunes Hwy Realty Co 01
Directions Ripley North to US 20 West to address
Standard status Active
APN 450906452003000004
Lot size 2.67 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description DUNES HY-WAY RLTY. CO'S 1ST SUB. W.55.87FT. LOTS 1 TO 6 ALL LOTS 7 TO 23 & E2. VAC. GREENEST. ADJ. & W2. VAC. ALLEY ADJ. LOTS 9 TO 23 BLK. C EX. PT. IN R/W
Tax Annual Amount 1502
Legal Description DUNES HY-WAY RLTY. CO'S 1ST SUB. W.55.87FT. LOTS 1 TO 6 ALL LOTS 7 TO 23 & E2. VAC. GREENEST. ADJ. & W2. VAC. ALLEY ADJ. LOTS 9 TO 23 BLK. C EX. PT. IN R/W

Utilities

Utilities Water Available
Water source Public
Listing Agency: McColly Real Estate
Listed By: Estela Lopez · License #RB14046939
Added: Jul 23 Changed: Aug 19 Last Checked: Aug 27 at 9:06AM
MLS# 842821

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.

Vacant commercial land totaling approximately 2.7 acres, offered as a developable parcel with frontage on US 20. The surrounding area is improved, supporting practical access to utilities, and the site is positioned for redevelopment within a mixed commercial and residential context.

The property is located at 5601 Melton Road in Gary, Indiana, across the street from a commuter train station. Public remarks also describe the parcel as being in the Miller Beach area with Lake Michigan access and situated along a redevelopment corridor, surrounded by commercial and residential properties.

This is a land listing well suited for buyers evaluating future development, with the combination of major roadway frontage, nearby utilities, and proximity to transit serving as key site considerations.

Key Highlights

  • 2.6‑acre vacant land with frontage on US 20
  • Across the street from the commuter train station
  • Water available from public water source

Property Analytics

Current Use

Serenity Lake Apartments Apartment Building Ardana Home Health ... Home Health Care Service

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Nail Salon Plumbing Service Bakery

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 46403, IN

11,649
Population
6,317
Households
1.8
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,280
Density / Sq Mi
$44,114
Median Household Income
$37,569
Median Earnings
$939
Median Rent
$154,800
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 - Vacant commercial land offering about 2.7 acres with frontage on US 20 and access to nearby utilities.
Where is this commercial land located?
The property is located at 5601 Melton Road Gary, IN.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 2.6‑acre vacant land with frontage on US 20; Across the street from the commuter train station; Water available from public water source
More about this property
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