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    7203 Grand Blvd Hobart, IN 46342

    Picture of Mixed-use properties at Grand Blvd 7203, Hobart, IN
    For Sale
    $250,000

    Mixed Use - Hobart, IN

    Type:Mixed Use
    Property size:
    22,872 SF
    Lot size:
    21.39 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 7203 Grand Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    451317152008000046
    Parking features
    Off Street
    Exterior features
    Storage
    Size
    22,872 SF
    Lot size
    21.39 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1917
    Architectural style
    Other
    Additional Structures
    Storage

    Advanced Real Estate LLC (219) 746-2693 [email protected]

    Listing agent Jo Ellen Catlow (219) 663-1986 License #RB14047742

    Listing date Nov 7, 2025

    MLS# 823351 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

    Hobart Mixed-Use Land Opportunity

    This property, formerly a business, features both commercial and residential zoning. The total area encompasses 21.39 acres, including a home with a fenced-in area to the south. The property is zoned B-3, PUD, R-3, and R-1. The property is being sold in its current condition, without warranties or repairs from the seller. The property size is 22,872 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Dental Office Wholesale Shop Skin Care Clinic Storage Facility Car Rental Arcade & Gaming Center Tattoo & Piercing Shop Dry Cleaner Toy Store Bookstore

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

    Location Insight

    • Map
    • Local Demand
    City
    Hobart
    County
    Lake
    State
    Indiana
    Longitude
    -87.258059
    Latitude
    41.487749

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    FAQs

    What type of property is this?
    Mixed-use property - 21.39 acres with commercial and residential zoning.
    Where is this mixed-use property located?
    The property is located at 7203 Grand Blvd Hobart, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - 21.36 Acres Total Land; - Commercial and Residential Zoning (B-3, PUD, R-3, R-1); - Includes Home Fenced in to the South
    (219) 663-1986
    Request Owner's contact information
    7203 Grand Blvd Hobart, IN 46342
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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
    7203 Grand Blvd Hobart, IN 46342
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