Listing Agency: StreetFront Real Estate

Listed By: Ryan Peters · License #IN RB14047099 Show Phone

Source: Crexi

Added: Oct 9, 2021 Changed: Oct 25 Last Checked: Oct 28 at 6:48AM

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Investment Insights

Based on property information with market context.

Approximately 1 acre of land is available for sale, suitable for a Quick Service Restaurant (QSR) or retail development. The site benefits from a dedicated private curb cut, providing enhanced visibility and accessibility, along with a turn lane to facilitate traffic flow. The location is positioned for a national QSR, with a new Dollar General building situated next door. The property is located just east of the Griffith/Gary city line along Ridge Road, offering convenient access to morning traffic heading towards I-94. Access to I-94 is available within minutes via Burr Street or Cline Avenue.

Key Highlights

• High visibility location with dedicated private curb cut and turn lane
• Primed for a National QSR (Quick Service Restaurant)
• Approximately 1 acre available for QSR or retail

Property Analytics

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Open Analytics

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

209

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Approximately 1 acre for QSR or retail use.

Where is this commercial land located?

The property is located at 5555 W Ridge Rd Lot 2 Gary, IN.

What is the asking price?

The asking price for this property is $125,000.

What are key features of this property?

This property features: High visibility location with dedicated private curb cut and turn lane; Primed for a National QSR (Quick Service Restaurant); Approximately 1 acre available for QSR or retail