Residential Lots Portfolio Near
For Sale
Contact for pricing
400-407 W 87th Ave, Merrillville, IN 46410
Portfolio of 8 residential lots near Methodist Hospital.
Property SizeContact for details
Lot Size9.96 Acres
Days on Market2711
Property Features for 400-407 W 87th Ave
General Information
Standard status
Active
Lot size
9.96 Acres
Property subtype
Land
Zoning
R5 PUD Residential
Listing Agency:
Bradley Company Merrillville
(219) 508-0554
Listed By:
Steve Nicksic · License #IN
Source:
Crexi
Added: Mar 13, 2019
Changed: Aug 8
Last Checked: Aug 8 at 11:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradley Company Merrillville
Investment Insights
Based on property information with market context.
This portfolio features 8 platted and subdivided lots located south of US 30 off Broadway, near Methodist Hospital. The surrounding area includes multiple residential neighborhoods and medical offices. The land is zoned R5 PUD for high-density residential use. The total area of the 8 lots is 9.96 acres, with retention in place.
Key Highlights
- High‑density R5 PUD residential zoning allows for significant development potential.
- Located in close proximity to Methodist Hospital, offering convenience for medical professionals and patients.
- Portfolio of 8 platted and subdivided lots provides flexibility for development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,545
Businesses Nearby
Explore this area
Business Placement
Demographics for 46410, IN
39,471
Population
17,685
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
1,311
Density / Sq Mi
$61,735
Median Household Income
$42,235
Median Earnings
$1,267
Median Rent
$192,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Portfolio of 8 residential lots near Methodist Hospital.
Where is this residential land & home lot located?
The property is located at 400-407 W 87th Ave Merrillville, IN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: High‑density R5 PUD residential zoning allows for significant development potential.; Located in close proximity to Methodist Hospital, offering convenience for medical professionals and patients.; Portfolio of 8 platted and subdivided lots provides flexibility for development.
