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    800 Gibson St Gary, IN 46403

    For Sale
    $250,000

    Unimproved Land - Gary, IN

    Type:Unimproved Land
    Lot size:
    1.33 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 800 Gibson St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    450906381017000004
    Lot size
    1.33 Acres

    Building Details

    Architectural style
    Other

    Moke Realty, Inc. (219) 662-3000 [email protected]

    Listing agent Joseph Moke (219) 662-3000 License #RB14023373

    Listing date Aug 19, 2025

    MLS# 826314 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

    Commercial Land Near South Shore

    This 1.3 acre commercial site is located across the street from the new South Shore train station in the Miller Beach area of Gary, Indiana. The parcel has over 150 feet of frontage and is within walking distance of the Lake Street business district. Situated on U.S. Routes 12 and 20, the site experiences an average daily traffic count of over 17,000 vehicles. The zoning supports various business types.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Hotel & Motel Daycare Center Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.270855
    Latitude
    41.596471

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    FAQs

    What type of property is this?
    Commercial land - 1.3 acre commercial site near new South Shore train station.
    Where is this commercial land located?
    The property is located at 800 Gibson St Gary, 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: - Prime location directly across from the new South Shore train station.; - High traffic exposure with over 17,000 vehicles daily on U.S. Routes 12 and 20.; - 1.3 acre parcel with over 150' of frontage.
    (219) 662-3000
    Request Owner's contact information
    800 Gibson 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
    800 Gibson St Gary, IN 46403
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