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    2632 Lincoln Hwy Merrillville, IN 46410

    Sponsored
    For Sale
    $130,000

    High-visibility commercial lot, ample parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1.28-acre mixed-use property is strategically located at 2632 W Lincoln Highway in Merrillville, Indiana, within the bustling Marshall Plaza. Its high-profile location ensures maximum visibility for any business, further enhanced by a prominent billboard situated on the southern edge of the lot. The property boasts extensive paved parking, providing ample space for customers and clients. This readily available parking is a significant advantage in a high-traffic area, ensuring convenient access for patrons. The expansive lot presents a unique opportunity for a diverse range of commercial ventures, making it an ideal location for entrepreneurs seeking a high-impact presence. The property's prime location and abundant parking make it an attractive proposition for businesses seeking to establish a strong foothold in a thriving commercial district. The asking price of $130,000 represents a compelling investment opportunity in a dynamic market. This is a rare chance to acquire a highly visible and conveniently located commercial property with significant potential for growth and profitability. Don't miss this chance to secure a prime location for your business in a busy and accessible area. The property's size and location make it suitable for a variety of uses, offering flexibility and potential for long-term success.

    Property Features for 2632 Lincoln Hwy

    General Information

    Property type
    Mixed-use properties
    Lot Size
    55,757 SF

    Building Details

    Year Built
    1989
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.36903
    Latitude
    41.47215

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    FAQs

    What type of property is this?
    Mixed-use property - High-visibility commercial lot, ample parking.
    Where is this mixed-use property located?
    The property is located at 2632 Lincoln Hwy Merrillville, IN.
    What is the asking price?
    The asking price for this property is $130,000.
    Request Owner's contact information
    2632 Lincoln Hwy Merrillville, IN 46410
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    Merrillville, IN 46410
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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
    2632 Lincoln Hwy Merrillville, IN 46410
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