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Vacant Land with US 20 Frontage
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5601 Melton Road, Gary, IN 46403

Vacant 2.6-acre site with US 20 frontage across from a commuter train station, with surrounding access to utilities.

Days on Market9

Property Features for 5601 Melton Road

General Information

Standard status Active
Property subtype Land
Listing Agency: McColly Real Estate Corporate
Listed By: Estela Lopez · License #IN RB14046939
Source: Crexi
Added: Jul 24 Changed: Jul 30 Last Checked: Jul 31 at 11:24AM

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 McColly Real Estate Corporate

Investment Insights

Based on property information with market context.

Vacant commercial land totaling about 2.6 acres with frontage on US 20. The property is situated across the street from the commuter train station, placing it on a well-traveled corridor for future development. The surrounding properties are improved, which supports access to utilities for prospective use.

Set within the Miller Beach area with Lake Michigan access and described as a redevelopment corridor, the site benefits from an immediate mix of surrounding commercial and residential properties. This combination can support a range of development concepts where proximity to transit and nearby uses are important.

The land is offered for sale as a development opportunity, with the key physical attributes being its acreage and US 20 frontage and its transit-adjacent positioning.

Key Highlights

  • About 2.6 acres of vacant land
  • Frontage on US 20
  • Across the street from a commuter train station

Property Analytics

Current Use

Serenity Lake Apartments Apartment Building Ardana Home Health ... Home Health Care Service

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Nail Salon Plumbing Service Bakery

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

112
Businesses Nearby

Demographics for 46403, IN

11,649
Population
6,317
Households
1.8
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,280
Density / Sq Mi
$44,114
Median Household Income
$37,569
Median Earnings
$939
Median Rent
$154,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant 2.6-acre site with US 20 frontage across from a commuter train station, with surrounding access to utilities.
Where is this commercial land located?
The property is located at 5601 Melton Road Gary, IN.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: About 2.6 acres of vacant land; Frontage on US 20; Across the street from a commuter train station
(219) 218-3333 Call to check price and availability
More about this property
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