3425 Hwy Merrillville, IN 46410
- Land
- 4.22 lot acres
Current Use by Public Records
- Land
Property Details for 3425 Hwy
- Lot size
- 4.22 lot acres
- Property type
- Land
Description
This exceptional 4.22-acre commercial land parcel presents a remarkable investment opportunity in Merrillville, Indiana. Located at 3425 E. U.S. Highway 30, this property boasts 428 feet of frontage on a major thoroughfare, experiencing high daily traffic counts of 41,922 vehicles (2022 INDOT data). The B3 zoning allows for a wide range of commercial uses, making it ideal for retail, restaurants, or light industrial development. Situated in a thriving retail hub near Southlake Mall and numerous big-box retailers (including Home Depot, Target, and Walmart), this location offers unparalleled visibility and accessibility. The property's proximity to I-65 further enhances its strategic value. All utilities are readily available for extension. A new roundabout at 82nd and Colorado Street will improve traffic flow in the area. The property's APN is 45-12-24-302-004.000-046. The asking price is $1,500,000, representing a price per acre of $300,000. This is a rare chance to acquire a high-traffic, strategically located commercial land parcel in a rapidly growing area of Northwest Indiana. Don't miss this opportunity to capitalize on the strong retail presence and high visibility of this prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merrillville
- County
- Lake
- State
- Indiana
- Longitude
- -87.2938
- Latitude
- 41.4707
