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Ground Lease Commercial Land
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254 W 81st Ave., Merrillville, IN 46410

Commercial land offered for ground lease, positioned for retail or restaurant use.

Space Size4,800 SF
Lot Size0.82 Acres
Days on Market36

Property Features for 254 W 81st Ave.

General Information

Standard status Active
Size 4,800 SF
Lot size 0.82 Acres
Property subtype Land

Building Details

Building Size 4,800 SF
Tenancy Single

Spaces For Lease

at 254 W 81st Ave. Contact us

#1

Size
4,800 SF
Type
Land
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Kin Properties Inc
Listed By: Beth Calay · License #FL
Source: Crexi
Added: Jul 9 Changed: Aug 8 Last Checked: Jul 11 at 1:08AM

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 Kin Properties Inc

Investment Insights

Based on property information with market context.

This offering presents commercial land available on a ground lease basis. The site is marketed as suitable for retail and restaurant users, with the intent to support tenant-specific development on the property.

The location is identified as Merrillville, Indiana, with neighboring national tenants and strong traffic counts cited in the remarks.

Prospective tenants and investors should review site-specific requirements directly as presented by the landlord, including any development and operational considerations associated with the ground lease structure.

Property Analytics

Current Use

Appliances 4 Less Home Appliance Store ATM Atm M & M Beauty ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,529
Businesses Nearby

Demographics for 46410, IN

39,471
Population
17,685
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
1,311
Density / Sq Mi
$61,735
Median Household Income
$42,235
Median Earnings
$1,267
Median Rent
$192,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land offered for ground lease, positioned for retail or restaurant use.
Where is this commercial land located?
The property is located at 254 W 81st Ave. Merrillville, IN.
(561) 620-9200 Call to check price and availability
More about this property
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