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    OFF-MARKET
    Land

    9901 Connecticut St, Merrillville, IN 46410

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents 1 to 19 acres of commercial land for sale within the prestigious Ameriplex at the Crossroads, a 386-acre master-planned business park in Merrillville, Indiana. Located in Lake County at 9901 Connecticut St, zip code 46410, this property boasts prime visibility, situated just off I-65 and within close proximity to US Highway 30, Broadway (SR 53), 93rd Avenue, and 101st Avenue. The site benefits from existing infrastructure including off-site drainage, walking paths, sewer, water, electric, gas, and fiber optic lines. Permitted zoning (CIS/PUD) allows for diverse uses such as education centers, offices, medical facilities, retail spaces, lifestyle centers, and precision manufacturing/flex facilities. The developer offers customized site development to meet specific size, budget, and usage requirements. Annual property owner's association (POA) dues are $525.00 per acre (2021 budget). An additional 4.23 acres are available adjacent to the east. The park enjoys a strategic location, approximately 30 miles southeast of Chicago and a half-mile south of Methodist Hospital, with the new I-65 interchange at 109th Avenue just one mile south. Ameriplex at the Crossroads is part of the Purdue Research Park network, the largest university-affiliated complex in the country. Tenants include Purdue Technology Center, Ivy Tech, Pinnacle Hospital, and several other established businesses. Merrillville offers a low tax rate within Lake County. A 10-year tax abatement may be available for qualifying projects. High-speed AT&T fiber optic telecommunications are readily accessible. The asking price is $225,000 per acre.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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