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    7900 Grant St Merrillville, IN 46410

    Sponsored
    For Sale
    $250,000

    2.2-acre C-3 zoned lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.2-acre commercial lot presents a remarkable investment opportunity in Merrillville, Indiana. Situated on Grant Street, this property boasts a highly desirable C-3 zoning classification, opening doors to a wide array of potential uses. Its strategic location offers unparalleled accessibility, being conveniently located off US 30 and within a mile of I-65, ensuring high visibility and convenient access for customers and employees. The property's size is a significant advantage, making it one of the larger commercial lots available in the immediate area. The surrounding area is thriving, with nearby banks, offices, and senior living facilities, creating a strong and diverse commercial environment. The permitted uses for C-3 zoning are extensive and include, but are not limited to, hotels, banks, professional offices, various retail stores (apparel, antiques, art supplies, and many more), auto shops/garages, food sales establishments, laundromats, liquor stores, taverns, pawn shops, printing/copier shops, and sporting goods stores. The property's APN is 45-12-20-277-004.000-030. This is a rare opportunity to acquire a substantial commercial parcel in a high-growth area. The asking price for this exceptional property is $250,000. Don't miss this chance to secure your stake in Merrillville's vibrant commercial landscape.

    Property Features for 7900 Grant St

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • 2.2‑acre commercial lot in Merrillville, IN.
    • C‑3 zoning allows diverse commercial uses.
    • Prime location off US 30, near I‑65, ensures high visibility and accessibility.
    • Large lot size, rare in the area.
    • $250,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.356283467756
    Latitude
    41.474197179423

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    FAQs

    What type of property is this?
    Land - 2.2-acre C-3 zoned lot, prime location.
    Where is this land located?
    The property is located at 7900 Grant St Merrillville, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 2.2-acre commercial lot in Merrillville, IN.; C-3 zoning allows diverse commercial uses.; Prime location off US 30, near I-65, ensures high visibility and accessibility.
    (219) 742-8873
    Request Owner's contact information
    7900 Grant St 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
    7900 Grant St Merrillville, IN 46410
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