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Zoned S-2 Industrial Land
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500 & 506 Fayette Street, Hammond, IN 46320

1.14-acre industrial land parcel zoned S-2, near Downtown Hammond with access to US 41 and I-90/94.

Property SizeContact for details
Lot Size1.14 Acres
Days on Market132

Property Features for 500 & 506 Fayette Street

General Information

Standard status Active
Lot size 1.14 Acres
Property subtype Land
Zoning S-2

Additional Details

Highway Access Yes
Listing Agency: Latitude Commercial
Listed By: Myles Rapchak · License #IN RB14052315
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 9:23AM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

Now available: a 1.14-acre industrial land parcel presented at 500 & 506 Fayette Street in Hammond, Indiana. The property is zoned S-2.

The site is described as being in close proximity to Downtown Hammond and about 22 miles outside of Downtown Chicago. The offering highlights convenient regional access via US 41 and I-90/94.

Hammond is part of the Chicago metropolitan area and sits in Lake County, Indiana. The public remarks also note Hammond’s industrial heritage and proximity to major transportation corridors, including multiple expressways and rail connections.

Key Highlights

  • 1.14‑acre industrial land parcel
  • Zoned S‑2
  • Near downtown Hammond

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Spa & Massage Center Pharmacy Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

984
Businesses Nearby

Demographics for 46320, IN

14,514
Population
6,236
Households
2.3
Avg Household Size
33
Median Age
12%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
3,088
Density / Sq Mi
$35,706
Median Household Income
$24,499
Median Earnings
$853
Median Rent
$115,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - 1.14-acre industrial land parcel zoned S-2, near Downtown Hammond with access to US 41 and I-90/94.
Where is this industrial land located?
The property is located at 500 & 506 Fayette Street Hammond, IN.
What are key features of this property?
This property features: 1.14‑acre industrial land parcel; Zoned S‑2; Near downtown Hammond
(219) 864-0200 Call to check price and availability
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