0 73Rd Ave, Merrillville, IN 46410
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.