Residential Development Lot in
For Sale
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1001 E 40th Lot 4 Place, Griffith, IN 46319
Brand-new half-acre homesite in Griffith, Indiana, with R2 zoning and clear minimum size requirements for multiple home styles.
Property SizeContact for details
Lot Size0.50 Acres
Days on Market78
Property Features for 1001 E 40th Lot 4 Place
General Information
Standard status
Active
Lot size
0.50 Acres
Property subtype
Land
Zoning
R2
Listing Agency:
McColly Real Estate Portage Willowcreek
(219) 406-7195
Listed By:
Brent Wright · License #RB14038385
Source:
Crexi
Added: May 27
Changed: Aug 8
Last Checked: Jul 16 at 8:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McColly Real Estate Portage Willowcreek
Investment Insights
Based on property information with market context.
This for-sale residential lot offers a brand-new homesite totaling almost a half acre, providing room to design and build in Griffith, Indiana. The property is zoned R2, and the zoning requirements outline minimum square footage options for several home styles.
The lot is positioned for residential development under the existing R2 zoning district. The published requirements include one-story homes with a 1,200 square-foot minimum, two-story homes with an 1,800 square-foot minimum and a 1,000 square-foot minimum first-floor area, and bi-level/tri-level homes with a 1,600 square-foot minimum and a 1,000 square-foot minimum first-floor area.
For buyers planning a new build, the R2 zoning framework can help guide design decisions and budgeting before selecting a builder. The seller notes flexibility to bring your own builder or have the developer build the home, making it suitable for owner-builders as well as turn-key residential buyers. Schedule a showing to review the lot and discuss construction options.
The lot is positioned for residential development under the existing R2 zoning district. The published requirements include one-story homes with a 1,200 square-foot minimum, two-story homes with an 1,800 square-foot minimum and a 1,000 square-foot minimum first-floor area, and bi-level/tri-level homes with a 1,600 square-foot minimum and a 1,000 square-foot minimum first-floor area.
For buyers planning a new build, the R2 zoning framework can help guide design decisions and budgeting before selecting a builder. The seller notes flexibility to bring your own builder or have the developer build the home, making it suitable for owner-builders as well as turn-key residential buyers. Schedule a showing to review the lot and discuss construction options.
Key Highlights
- Brand‑new residential lot in Griffith, Indiana, nearly a half acre
- R2 zoning district with flexibility for several home styles
- Minimum size requirements: 1,200 SF for one‑story homes
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 46319, IN
18,108
Population
7,904
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
1,886
Density / Sq Mi
$75,976
Median Household Income
$42,239
Median Earnings
$1,162
Median Rent
$194,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Brand-new half-acre homesite in Griffith, Indiana, with R2 zoning and clear minimum size requirements for multiple home styles.
Where is this residential land & home lot located?
The property is located at 1001 E 40th Lot 4 Place Griffith, IN.
What is the asking price?
The asking price for this property is $68,800.
What are key features of this property?
This property features: Brand‑new residential lot in Griffith, Indiana, nearly a half acre; R2 zoning district with flexibility for several home styles; Minimum size requirements: 1,200 SF for one‑story homes
