1500 E 83Rd Ave Merrillville, IN 46410
Property profile & analytics
1500 E 83Rd Ave Merrillville, IN 46410
- Hotels
- 46,936 SF
- 2.40 lot acres
Property ID
US31-3128060
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- WoodSpring Suites Merrillville / Hotel & Motel / Vacation Rental
Property Details for 1500 E 83Rd Ave
- Year built
- 2018
- Construction
- WOOD
- Lot size
- 2.40 lot acres
- Property size
- 46,936 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 45-12-22-427-011.000-030
- APU
- 451222427011000030
Description
This exceptional 2.42-acre commercial land parcel presents a unique investment opportunity in Merrillville, Indiana. Strategically located at 1500 E. 83rd Ave., this property boasts unparalleled visibility due to its proximity to the South Lake Mall entry at Mississippi St. and E. 83rd Ave., ensuring high traffic exposure. The site benefits from all utilities, including town water and sewer, simplifying development. Its advantageous position adjacent to a brand-new WoodSpring Suites extended-stay hotel further enhances its appeal and potential for synergistic development. This location is situated within one of Northwest Indiana's strongest retail corridors, offering easy access to the substantial consumer base of Southlake Mall. The property also enjoys excellent visibility from I-65, with convenient interstate access within a half-mile radius. A daily traffic count of 15,000 vehicles underscores the high volume of potential customers. The land is priced at $245,868 per acre, representing a compelling investment in a thriving commercial area. This property is ideal for a variety of commercial uses, offering significant potential for growth and return. The address is 1500 E. 83rd Ave., Merrillville, IN 46410, located in Adams County.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $840,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Merrillville
- County
- Lake
- State
- Indiana
- Longitude
- -87.3186
- Latitude
- 41.4686
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$125,354
$539,400
$4,810,500
$5,349,900
-
$539,400
$4,810,500
$5,349,900
