8400 Colorado St Merrillville, IN 46410

This 1.8-acre commercial land parcel in Hobart, Indiana, presents a unique development opportunity. Located in the Merrillville/Hobart commercial corridor and situated within an industrial park, this property boasts Manufacturing-1 zoning, allowing for diverse uses including retail, service industries, production facilities, processing plants, and warehouses. Its prime location offers excellent access to major transportation arteries, with I-65 just 1.5 miles and US-30 only 0.5 miles away. The flat terrain and readily available utilities simplify construction and minimize site preparation costs. A significant advantage is the inclusion of a leased billboard generating approximately $1,500 in annual income. The property is conveniently located within the US 30 & 69th Avenue Tax Increment Financing (TIF) district, benefiting from strategic public investments designed to stimulate economic growth. This exceptional location and versatile zoning make this a highly attractive investment opportunity. The asking price is $149,000. Lake County address: 8400 Colorado St, Hobart, IN 46410. Zip code 46410.