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    OFF-MARKET
    Land

    0 73Rd Ave, Merrillville, IN 46410

    87 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 87-acre commercial land parcel is strategically located at the Northwest corner of I-65 and 73rd Avenue in Merrillville, Indiana (46410), Lake County. Currently zoned R2 (Single Family Residential), this property presents significant redevelopment potential. Potential uses, subject to rezoning, include data centers, light industrial/warehousing facilities, office buildings, and sports/recreational venues. The site boasts approximately 2,863 feet of frontage along I-65, providing unparalleled visibility and accessibility. Its advantageous position north of the I-65 and Route 30 full interchange ensures high traffic exposure. Daily traffic counts are substantial: 112,183 vehicles on I-65, 8,642 on 73rd Avenue, and 43,240 on Route 30. Utilities are readily available, with sewer and water adjacent to the site. The property is served by the Merrillville Community School Corporation, ranked among the top ten best school districts in Lake County. The property's PIN number is 45-12-15-200-007.000-030, and annual taxes are $1,400. This prime location offers a unique opportunity for significant development and investment. Contact us for further details.

    Property profile
    Verified
    Property type Land
    Lot 87 ac (3,789,720 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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