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    701 N Randolph St Gary, IN 46403

    For Sale
    $75,000

    Unimproved Land - Gary, IN

    Type:Unimproved Land
    Lot size:
    0.27 Acres
    Days on Market:
    263
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 701 N Randolph St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    450533154007000004
    Exterior features
    Corner Lot
    Lot size
    0.27 Acres

    Building Details

    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Alan Harrell (219) 926-1616 License #RB14052205

    Listing date Mar 18, 2025

    MLS# 817664 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

    Buildable Lot Near Miller Beach

    This 0.273-acre buildable lot is located in Miller Beach, five blocks from the white sands of Miller Beach and the National Lakeshore. The property, measuring 90' x 132', is suitable for a custom home or a multi-family development. The location provides access to the National Lakeshore, dunes, nearby parks, hiking trails, bike paths, and kayaking opportunities on the lagoons. Shelby and Locust Streets, offering restaurants, nightlife, and cultural offerings, are nearby. Marquette Park, the Chanute Trail, the Tuskegee Air Museum, and the Miller Beach Arts & Creative District are also in close proximity, featuring art, dining, and shopping options. Commuting to Chicago is convenient due to access to the South Shore Line and I-65/80/94. The property is located in Gary, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Building Supply Gym & Fitness Wholesale Shop Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.240927
    Latitude
    41.616097

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    FAQs

    What type of property is this?
    Land - Expansive lot near Miller Beach, ideal for custom home or development.
    Where is this land located?
    The property is located at 701 N Randolph St Gary, IN.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Prime Location: Just five blocks from Miller Beach and the National Lakeshore.; - Buildable Lot: Expansive 90' x 132' (.273 acres) lot suitable for a custom home or multi-family development.; - Access to Nature: Close proximity to the National Lakeshore, Dunes, parks, hiking trails, bike paths, and kayaking lagoons.
    (219) 926-1616
    Request Owner's contact information
    701 N Randolph St Gary, IN 46403
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    Gary, IN 46403
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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
    701 N Randolph St Gary, IN 46403
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