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Commercial Land Near Transit
For Sale
$189,000

5601 Melton Road, Gary, IN 46403

Land, Gary, IN

Property SizeContact for details
Lot Size2.67 Acres
Days on Market47

Property Features for 5601 Melton Road

General Information

Property type Land
Property subtype Other
Subdivision Dunes Hwy Realty Co 01
Directions Ripley North to US 20 West to address
Standard status Active
APN 450906452003000004
Lot size 2.67 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description DUNES HY-WAY RLTY. CO'S 1ST SUB. W.55.87FT. LOTS 1 TO 6 ALL LOTS 7 TO 23 & E2. VAC. GREENEST. ADJ. & W2. VAC. ALLEY ADJ. LOTS 9 TO 23 BLK. C EX. PT. IN R/W
Tax Annual Amount 1502
Legal Description DUNES HY-WAY RLTY. CO'S 1ST SUB. W.55.87FT. LOTS 1 TO 6 ALL LOTS 7 TO 23 & E2. VAC. GREENEST. ADJ. & W2. VAC. ALLEY ADJ. LOTS 9 TO 23 BLK. C EX. PT. IN R/W

Utilities

Utilities Water Available
Water source Public
Listing Agency: McColly Real Estate
Listed By: Estela Lopez · License #475123482
Added: Jul 23 Changed: Aug 19 Last Checked: Sep 7 at 11:06AM
MLS# 842821

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 vacant commercial land offering comprises 2.674 acres at 5601 Melton Road in Gary, Indiana. The parcel has frontage on US 20 and public water service, with surrounding improved properties that provide access to utilities. Its setting across from a commuter train station places the site within an established transportation context.

The property is located in the Miller Beach area near Lake Michigan access and within a redevelopment corridor. Commercial and residential properties surround the site, creating a mixed-use setting for future land planning. The source information identifies water as available and the public water system as the water source.

Key Highlights

  • 2.674 acres of commercial land
  • Frontage on US 20
  • Across 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

384
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant commercial parcel with US 20 frontage, public water, and commercial and residential surroundings.
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: 2.674 acres of commercial land; Frontage on US 20; Across from a commuter train station
More about this property
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