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    Broadway Ave Merrillville, IN 46410

    Sponsored
    For Sale
    $275,000

    1.11 Acres, Prime Broadway Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.11-acre commercial land parcel presents a unique investment opportunity in the thriving city of Merrillville, Indiana. Located on Broadway Avenue in Lake County, this property boasts a highly visible and accessible location, ideal for a wide range of commercial ventures. The 46410 zip code ensures convenient access for both residents and visitors. With its expansive size, this lot offers significant development potential. The property's prime frontage on Broadway Avenue guarantees maximum exposure for any business established here. This versatile land is suitable for various uses, including retail establishments, office spaces, or other commercial developments. The asking price is $275,000. This is a rare chance to acquire a substantial piece of commercial real estate in a desirable location with high visibility and accessibility. The property's location within Merrillville, Indiana, offers a strong foundation for success, given the area's established infrastructure and growing economy. Don't miss this opportunity to secure a prime piece of land and bring your commercial vision to life. The latitude and longitude coordinates are 41.4701989 and -87.3214908 respectively. Serious inquiries only.

    Property Features for 0 Broadway Ave

    General Information

    Property type
    Land
    Lot Size
    48,352 SF

    HighLights

    • $275,000 asking price
    • 1.11‑acre commercial land parcel
    • Located in Merrillville, IN, 46410, on Broadway Ave
    • High visibility and accessibility on Broadway in Merrillville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3214908
    Latitude
    41.4701989

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    FAQs

    What type of property is this?
    Land - 1.11 Acres, Prime Broadway Location
    Where is this land located?
    The property is located at Broadway Ave Merrillville, IN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price; 1.11-acre commercial land parcel; Located in Merrillville, IN, 46410, on Broadway Ave
    Request Owner's contact information
    Broadway Ave 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
    Broadway Ave Merrillville, IN 46410
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