Listing Agency: Latitude Commercial Show Phone

Listed By: Brett McDermott · License ##RB14050416 Show Phone

Source: Moodyscre

Added: Aug 6, 2025 Changed: Sep 9 Last Checked: Sep 12 at 9:51AM

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Investment Insights

Based on property information with market context.

Three separate outlots are available near St. Mary’s Medical Center, each suited for development on its own or as part of a combined offering. Acreage ranges from 0.41 to 0.57 per outlot.

The parcels are described as providing ample parking per outlot and great exposure within The Pavilions, a shopping center setting with a diverse mix of tenants.

The seller indicates the opportunity can be structured as individual outlot sales or a full package of all three outlots together.

Key Highlights

• Three separate retail outlots near St. Mary’s Medical Center
• Acreage ranges from 0.41‑0.57 per outlot
• Ample parking available per outlot

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Dental Office Law Firm Auto Repair 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.

Location Intelligence

Trade Area within ½ mile

605

Businesses Nearby

Explore this area Business Placement

Demographics for 46342, IN

32,540

Population

13,774

Households

2.4

Avg Household Size

40

Median Age

21%

College-Educated

93%

High-School Grad

35.0 sq mi

ZIP Area

930

Density / Sq Mi

$72,163

Median Household Income

$41,574

Median Earnings

$1,110

Median Rent

$193,400

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 - Three separate retail outlots offer ample parking and strong exposure near St. Mary’s Medical Center.

Where is this commercial land located?

The property is located at 1403-1413 Lake Park Ave Hobart, IN.

What are key features of this property?

This property features: Three separate retail outlots near St. Mary’s Medical Center; Acreage ranges from 0.41‑0.57 per outlot; Ample parking available per outlot