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Industrial Land with Truck Access
For Lease
$4,000/Mo

3940 Grant Street, Gary, IN 46408

Commercial Lease, Gary, IN

Space SizeContact for details
Lot Size2.38 Acres
Days on Market48

Property Features for 3940 Grant Street

General Information

Property type Commercial Lease
Property subtype Other
Directions RIDGE ROAD TO GRANT GO SOUTH SECOND PROPERTY ON THE LEFT
Standard status Active
APN 450829278005000001
Lot size 2.38 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PT. E.1/2 SE.1/4 NE.1/4 S.29 T.36 R.8 2.38AC
Tax Annual Amount 2469
Legal Description PT. E.1/2 SE.1/4 NE.1/4 S.29 T.36 R.8 2.38AC

Utilities

Utilities Water Available

Building Details

Year built 1934
Listing Agency: McColly Real Estate
Listed By: Maria Carmen Becerra · License #RB14037963
Added: Jul 19 Changed: Aug 19 Last Checked: Sep 4 at 6:06AM
MLS# 842552

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.38-acre industrial-zoned lot is available for lease in Gary, Indiana. The site permits truck use, has electric service connected, and includes water availability. Its land configuration supports industrial-oriented operations requiring outdoor space and vehicle access.

The property is positioned 1.5 miles from an Interstate 94 ramp and 234 feet from the Ridge Road intersection. The address is 3940 Grant Street, Gary, IN 46408, providing a defined location for businesses seeking an industrial land site near regional highway access.

Key Highlights

  • 2.38‑acre industrial‑zoned lot available for lease
  • Trucks allowed on the property
  • Electric service is connected

Property Analytics

Current Use

Industrial land

Suggested Use

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

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
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 46408, IN

15,109
Population
7,861
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
84%
High-School Grad
9.7 sq mi
ZIP Area
1,558
Density / Sq Mi
$47,063
Median Household Income
$35,163
Median Earnings
$1,016
Median Rent
$96,200
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
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial-zoned land with truck access and connected electric service.
Where is this industrial land located?
The property is located at 3940 Grant Street Gary, IN.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: 2.38‑acre industrial‑zoned lot available for lease; Trucks allowed on the property; Electric service is connected
More about this property
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