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    500 101St Ave Crown Point, IN 46307

    Sponsored
    For Sale
    $225,000

    Prime Indiana land, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.23-acre commercial/industrial lot is part of the AmeriPlex at the Crossroads, a thriving 386-acre master-planned business park in Crown Point, Indiana. Located at 500 E 101st Ave, 46307, this property boasts convenient access to I-65 and US Highway 30, placing it within easy reach of Chicago (30 miles southeast). The lot is zoned CIS/PUD, suitable for office or flex medical uses. Existing infrastructure includes readily available water, sewer, gas, electric, and AT&T fiber optic lines. The site benefits from excellent on-site and off-site drainage, walking paths, and a prime location near major transportation arteries, including Broadway (SR 53), 93rd Avenue, and 101st Avenue. The property's proximity to Methodist Hospital (1/2 mile south) and the new 4-story Community Hospital (1 block north) further enhances its appeal. Future development includes the extension of Delaware Parkway to 105th Street and a new I-65 interchange at 109th Avenue (1 mile south). The AmeriPlex at the Crossroads is home to a diverse range of established businesses, including Purdue Technology Center, Ivy Tech, Pinnacle Hospital, Vibra Long Term Acute Care, various law offices, Dawn Foods, Oh Pharmaceuticals, and the Pipefitters Union, underscoring the park's strong reputation and established business community. The asking price for this strategically located lot is $225,000. The seller is open to build-to-suit options.

    Property Features for 500 101St Ave

    General Information

    Property type
    Land
    Lot Size
    130,680 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crown Point
    County
    Lake
    State
    Indiana
    Longitude
    -87.330898717325
    Latitude
    41.434801312994

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    FAQs

    What type of property is this?
    Land - Prime Indiana land, build-to-suit option.
    Where is this land located?
    The property is located at 500 101St Ave Crown Point, IN.
    What is the asking price?
    The asking price for this property is $225,000.
    Request Owner's contact information
    500 101St Ave Crown Point, IN 46307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 101St Ave Crown Point, IN 46307
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