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    53 Broadway Crown Point, IN 46307

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    For Sale
    Contact for pricing

    Prime Commercial Land, Crown Point, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Invest in this exceptional commercial land opportunity at Crownhurst Centre, strategically located in a thriving Crown Point, Indiana development area. This property boasts outstanding building lots protected by the Crownhurst Architectural & Site Development Code, ensuring a cohesive and high-quality development. Previous sales demonstrate the suitability for professional, medical, service, and financial businesses. The property offers convenient access to both Crown Point and Merrillville, with a Crown Point address. Zoning includes B-3 General Business and OS Professional designations. The location provides easy access to major transportation arteries, including Interstate 65 and US 30, and is adjacent to Ameriplex and Purdue University Research Centers and Tech Business Incubator Project. Proximity to numerous medical facilities, including Franciscan Hospital of Crown Point, Methodist Hospital of Merrillville, Neuro Behavioral Hospital, Pinnacle Hospital, and Vibra Hospital, further enhances its appeal. This established and growing commercial area presents a compelling investment opportunity for discerning buyers. The site's strategic location and established development standards make it an ideal location for a variety of commercial ventures. The property is situated on State Road 53 (Broadway) and East 93rd Avenue, offering excellent visibility and accessibility.

    Property Features for 53 Broadway

    General Information

    Property type
    Land

    HighLights

    • Outstanding building lots governed by the Crownhurst Architectural & Site Development Code.
    • Lots previously sold for professional, medical, service, and financial uses.
    • B‑3 General Business and OS Professional zoning designations.
    • Convenient Crown Point address with easy access to both Crown Point and Merrillville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office 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
    -87.3353911
    Latitude
    41.4202027

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Crown Point, IN
    Where is this land located?
    The property is located at 53 Broadway Crown Point, IN.
    What are key features of this property?
    This property features: Outstanding building lots governed by the Crownhurst Architectural & Site Development Code.; Lots previously sold for professional, medical, service, and financial uses.; B-3 General Business and OS Professional zoning designations.
    Request Owner's contact information
    53 Broadway 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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    53 Broadway Crown Point, IN 46307
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