9100 Broadway Merrillville, IN 46410

Property Details for 9100 Broadway

Lot size

208.00 lot acres

Property type

Commercial real estate

APN

45-12-28-400-003.000-030

Description

This exceptional 208-acre parcel presents a unique mixed-use development opportunity in Merrillville, Indiana. Strategically located at the northwest corner of 93rd Avenue and Broadway, this property boasts significant frontage along both roadways (2,065 feet on Broadway and 3,400 feet on 93rd Avenue). Currently zoned R-2 (residential) and C-5 (commercial), the land offers flexibility for a variety of development plans, with the town showing receptiveness to zoning revisions. Preliminary development plans have already received positive feedback from Merrillville officials, indicating alignment of vision and interests. The property is situated within the Broadway Expansion Tax Increment Financing (TIF) District, providing access to potential incentives at the local, regional, and state levels. The site is envisioned as a blend of commercial and residential uses, with approximately 67 acres suitable for commercial development and 141 acres for residential. Commercial lots are priced at $200,000 per acre, while residential lots are offered at $90,000 per acre. The entire site is also available for sale, with pricing subject to offer. The seller retains the right to price any remaining land on a case-by-case basis. This prime location along the "medical care corridor" offers unparalleled visibility and access, making it an ideal investment for substantial development. The property's APN is 45-12-28-400-003.000-030, and ownership is fee simple. This is a rare opportunity to acquire a large, well-positioned tract of land in a thriving Indiana community.