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    I-65 Merrillville, IN 46410

    Sponsored
    For Sale
    $225,000

    Prime Commercial Land, Indiana

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a unique investment opportunity within the AmeriPlex at the Crossroads, a 386-acre mixed-use, master-planned Indiana Certified Technology Business Park. Located in Merrillville, Indiana, with convenient access to I-65, this property boasts flexible building designs to accommodate multiple users. The land is zoned CIS/PUD, allowing for a variety of uses including education centers, offices, medical/life science facilities, retail/lifestyle centers, and precision manufacturing/flex spaces. Lots are available from 1 to 19 acres, with the developer offering both subdivided land sales and build-to-suit options for sale or lease. The asking price is $225,000, translating to $5.17 per square foot. Existing infrastructure includes off-site drainage ponds, walking paths, sewer, water, electric, gas, and high-speed fiber optic lines. A 10-year tax abatement is available for some projects. This location offers excellent visibility with one mile of frontage on I-65 and is within six miles of three major interstate highways (I-80, I-94, and I-90). An additional 4.23 acres are available adjacent to the east. This is an ideal location for businesses seeking a strategic position within a thriving technology park.

    Property Features for 0 I-65

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $225,000 asking price for commercial land.
    • 1‑19 acre lots available, priced at $5.17/SF.
    • CIS/PUD zoning permits education, medical, retail, and manufacturing uses.
    • 10‑year tax abatement possible for qualified projects.
    • Located in Merrillville, IN, with excellent I‑65 visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3228715
    Latitude
    41.4792493

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Indiana
    Where is this land located?
    The property is located at I-65 Merrillville, IN.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price for commercial land.; 1-19 acre lots available, priced at $5.17/SF.; CIS/PUD zoning permits education, medical, retail, and manufacturing uses.
    (219) 795-1100
    Request Owner's contact information
    I-65 Merrillville, IN 46410
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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
    I-65 Merrillville, IN 46410
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