Search
Commercial Outlots Near Medical Center
For Sale
Contact for pricing

1403-1501 Lake Park Avenue, Hobart, IN 46342

Three commercial outlots are available individually or as a combined acquisition within a retail plaza with retail and office tenants.

Property Size76,307 SF
Days on Market196

Property Features for 1403-1501 Lake Park Avenue

General Information

Standard status Active
Size 76,307 SF
Property subtype Strip Center

Building Details

Building Size 76,307 SF
Year Built 2002

Properties For Sale

at 1403-1501 Lake Park Avenue Contact us

1413 S Lake Park Avenue

Size
2,880 SF
Lease Type
NNN
Contact us

1433 S Lake Park Avenue

Size
1,280 SF
Lease Type
NNN
Contact us

1449 S Lake Park Avenue

Size
1,121 SF
Lease Type
NNN
Contact us

1451 S Lake Park Avenue

Size
1,500 SF
Lease Type
NNN
Contact us

1453 S Lake Park Avenue

Size
857 SF
Lease Type
NNN
Contact us

164 Bracken Parkway

Size
6,300 SF
Lease Type
NNN
Contact us
Listing Agency: Latitude Commercial
Listed By: Brett McDermott · License #RB14050416
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 31 Last Checked: Aug 29 at 2:31PM

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.

The offering includes three commercial outlots at 1403-1501 Lake Park Avenue, ranging from 0.41 acres to 0.57 acres. Each lot includes numerous parking spaces, and the parcels may be acquired separately or packaged together. The surrounding Pavilions retail plaza includes a mix of retail and office users, with multiple pylon signs serving the property.

The site is directly across Lake Park Avenue from St. Mary's Medical Center, which has over 2,000 employees. Lake Park Avenue, also identified as St. Rd 51, carries traffic counts near 15,000 VPD. The property is a few miles east of access to Chicago via I-65 and is located in Hobart, Indiana.

Key Highlights

  • Three commercial outlots ranging from 0.41 acres to 0.57 acres
  • Outlots can be purchased individually or packaged together
  • Directly across Lake Park Avenue from St. Mary's Medical Center

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Dental Office 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
9k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Schoop's Hamburgers Dining
5,711 visits/mo 0.1 miles
SUBWAY Dining
3,154 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 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?
Commercial land - Three commercial outlots are available individually or as a combined acquisition within a retail plaza with retail and office tenants.
Where is this commercial land located?
The property is located at 1403-1501 Lake Park Avenue Hobart, IN.
What are key features of this property?
This property features: Three commercial outlots ranging from 0.41 acres to 0.57 acres; Outlots can be purchased individually or packaged together; Directly across Lake Park Avenue from St. Mary's Medical Center
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message