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Commercial Land with Highway Access
For Sale
$3,850,000

9219 Indianapolis Boulevard, Highland, IN 46322

Commercial Sale, Highland, IN

Property Size25,204 SF
Lot Size3.95 Acres
Price / SF$152.75
Days on Market576

Property Features for 9219 Indianapolis Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Parking 75
Parking features Off Street
Exterior features Lighting, Rain Gutters
View City
Directions South 2 miles from I-80/94 on Indianapolis Blvd (US Hwy 41) to Site on East side of Highway.
Standard status Active
APN 450728151009000026
Size 25,204 SF
Lot size 3.95 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description 9209: PT. SW. NW. (297 X 146.66 FT.) S.28 T.36 R.9 1 A. 9219: Pt. SW.1/4 NW.1/4 S.28 T.36 R.9 (146.66x405x293.32x146.66x297ft) 1.733Ac. 9227: Georgalas Add Lot 1
Tax Annual Amount 22152
Legal Description 9209: PT. SW. NW. (297 X 146.66 FT.) S.28 T.36 R.9 1 A. 9219: Pt. SW.1/4 NW.1/4 S.28 T.36 R.9 (146.66x405x293.32x146.66x297ft) 1.733Ac. 9227: Georgalas Add Lot 1

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1937
Listing Agency: McColly Real Estate
Listed By: William Loy · License #RB17001333
Added: Mar 17, 2025 Changed: Sep 12 Last Checked: Oct 13 at 11:06AM
MLS# 817652

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3.95-acre commercial land assemblage includes three parcels and is identified as suitable for development with the flexibility of qualifying as a Planned Unit Development (PUD). Existing commercial rental income is associated with the property. Two curb cuts provide direct access to US Hwy 41, while a large monument sign serves the site. The property also includes off-street parking, lighting, public water, and public sewer.

The site is positioned along US Hwy 41, which carries approximately 35,000 vehicles per day. Existing access points and commercial improvements support continued income use while the land is evaluated for future development.

Key Highlights

  • 3.95‑acre commercial land assemblage comprising three parcels
  • Potential to qualify as a Planned Unit Development (PUD)
  • Approximately 35,000 vehicles per day on US Hwy 41

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Parking Lot & Garage Kitchen & Bath Showroom Storage Facility Computer & Electronic Repair Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby

Demographics for 46322, IN

23,984
Population
10,791
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,476
Density / Sq Mi
$76,219
Median Household Income
$47,458
Median Earnings
$1,202
Median Rent
$219,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Three assembled parcels offer development flexibility with existing commercial rental income.
Where is this commercial land located?
The property is located at 9219 Indianapolis Boulevard Highland, IN.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: 3.95‑acre commercial land assemblage comprising three parcels; Potential to qualify as a Planned Unit Development (PUD); Approximately 35,000 vehicles per day on US Hwy 41
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