400-407 87Th AveMerrillville, IN 46410

  • Other commercial real estate
  • 9.96 AC
For Sale
$1,250,000 View listing

Property Details for 400-407 87Th Ave

Lot size
9.96 AC
Property type
Other commercial real estate
Property subtype
Other land

Description

This exceptional investment opportunity presents a portfolio of eight lots totaling 9.96 acres, ideally situated in Merrillville, Indiana. Located south of US 30, off Broadway, and near Methodist Hospital, this property benefits from a highly desirable location surrounded by established residential neighborhoods and medical offices. The land is already platted and subdivided, with retention systems in place, simplifying the development process. The zoning is R5 PUD Residential, allowing for high-density development. The combined asking price for this entire 9.96-acre parcel is $1,250,000, translating to a land value of $1.37 per square foot. The property's APN numbers are 45-12-28-253-015.000-030

400-407 87Th Ave, Merrillville, Indiana
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Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.4589
Longitude
-87.3406

Comparable in this City

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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