Listing Agency: HomeSmart Realty Group n***@gmail.com Show Phone

Listed By: Nicole Kowalczyk · License #RB21001155 Show Phone

Source: Exitrealty

Added: Jun 19, 2024 Changed: Jul 22 Last Checked: Aug 1 at 11:14AM

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Investment Insights

Based on property information with market context.

This 18.3-acre commercial land parcel is divided into three separate parcels, giving flexibility for development planning. The property also includes an existing billboard that provides monthly rental income.

The site is described as having a location right off Interstate 94 and US 20, positioning it for businesses seeking direct highway access.

For buyers looking for a build-ready commercial site, the combination of multi-parcel layout and income-producing billboard is a notable feature of the offering.

Key Highlights

• 18.3‑acre commercial land ready for your development plans
• Property is split into three parcels
• Located right off I‑94 and US 20

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

113

Businesses Nearby

Explore this area Business Placement

Demographics for 46304, IN

26,835

Population

11,521

Households

2.3

Avg Household Size

41

Median Age

35%

College-Educated

96%

High-School Grad

57.8 sq mi

ZIP Area

464

Density / Sq Mi

$88,551

Median Household Income

$52,704

Median Earnings

$1,169

Median Rent

$278,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - 18.3-acre commercial land is split into three parcels and includes an existing billboard generating monthly rental income.

Where is this commercial land located?

The property is located at 283 Melton Road Burns Harbor, IN.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: 18.3‑acre commercial land ready for your development plans; Property is split into three parcels; Located right off I‑94 and US 20