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

    7700 Grand Blvd Hobart, IN 46342

    Picture of Land at Grand Blvd 7700, Hobart, IN
    For Sale
    $1,800,000

    Unimproved Land - Hobart, IN

    Type:Unimproved Land
    Lot size:
    123.50 Acres
    Days on Market:
    160
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 7700 Grand Blvd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    451320100001000046
    Exterior features
    Corner Lot
    Lot size
    123.50 Acres

    Building Details

    Architectural style
    Other

    Home Connection Realty, Inc. (219) 962-7677 [email protected]

    Listing agent Karen Bilski-Petalas (219) 962-7677 License #RB14016892

    Listing date Jun 30, 2025

    MLS# 804262 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

    123.5 Acres on Grand Boulevard

    This property consists of 123.5 acres of unimproved commercial land. It features approximately 1,000 feet of frontage on Grand Boulevard, also known as Route 51. The parcels are located in Hobart, Indiana, with the back three parcels situated in the Town of Merrillville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hobart
    County
    Lake
    State
    Indiana
    Longitude
    -87.255801
    Latitude
    41.476342

    Nearby Similar for Sale

    • $299,000
      Pending

      Remodeled Retail/Office Space in Hobart

      Newly remodeled commercial property in downtown Hobart near Lake George.
      301 Center St, Hobart, IN 46342
      View Details
    • New
      $239,900
      0.36 Acres

      Hobart Duplex Near Lake George

      Two-unit home with newer features near Lake George recreation.
      1231 W 3Rd St, Hobart, IN 46342
      View Details
    • $1,500,000
      Pending

      Hobart Mixed-Use Property For Sale

      Mixed-use property in Hobart, Indiana, featuring over 21,000 square feet.
      3580 W 61St Ave, Hobart, IN 46342
      View Details
    • $344,800

      Updated Two-Unit Apartment Building

      Turnkey investment opportunity with two updated units and separate utilities.
      2302 W 37Th Ave, Hobart, IN 46342
      View Details
    • $475,000
      2,648 SF

      Retail Property in Hobart, Indiana

      Retail property with 46,609 sqft space in Hobart, Indiana.
      11 N Hobart Rd, Hobart, IN 46342
      View Details
    • $2,153,000

      Retail Property for Sale

      Retail property available for purchase in Hobart, Indiana.
      4651 W 61St Ave, Hobart, IN 46342
      View Details

    FAQs

    What type of property is this?
    Land - 1,000 ft frontage on Route 51 in Hobart, Indiana.
    Where is this land located?
    The property is located at 7700 Grand Blvd Hobart, IN.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - 1,000 +/- Front Foot on Grant Blvd. (Route 51); - Grand Blvd. Parcels located in Hobart; - Back 3 parcels located in Town of Merrillville
    (219) 962-7677
    Request Owner's contact information
    7700 Grand Blvd Hobart, IN 46342
    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.
    7700 Grand Blvd
    Hobart, IN 46342
    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
    7700 Grand Blvd Hobart, IN 46342
    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.