4717 Lincoln Hwy Merrillville, IN 46410-5820
Property profile & analytics
4717 Lincoln Hwy Merrillville, IN 46410-5820
- Turn key restaurants
- 4,064 SF
- 2.73 lot acres
Property ID
US31-0538686
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
- Turn key restaurants
Property Details for 4717 Lincoln Hwy
- Year built
- 1943
- Construction
- WOOD
- Lot size
- 2.73 lot acres
- Property size
- 4,064 SF
- Property type
- Turn key restaurants
- APN
- 45-12-24-426-005.000-046
- APU
- 451224426005000046
Description
This exceptional 2.73-acre commercial and industrial land parcel presents a remarkable investment opportunity in Hobart, Indiana. Strategically located on the southwest corner of US Highway 30 and Clay Street, this property boasts a prominent stoplight intersection on a high-traffic thoroughfare, ensuring maximum visibility and accessibility. The site's proximity to the I-65/US 30 interchange further enhances its strategic value, placing it within easy reach of a large and diverse customer base. The area is densely populated with car dealerships, auto repair shops, retail outlets, and light industrial businesses, creating a synergistic environment for a variety of commercial ventures. Current owners are upgrading utility services to meet modern development standards. The B03 zoning permits a range of uses, making this location ideal for businesses seeking high visibility and convenient access. Annual property taxes are approximately $16,000. The parcel's size and location make it particularly well-suited for development projects such as gas stations, car washes, or other businesses that benefit from high traffic volume and excellent visibility. The property's APN is 45-12-24-426-005.000-046. This is a rare opportunity to acquire a prime commercial lot in a thriving Indiana market. The asking price is $899,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Merrillville
- County
- Lake
- State
- Indiana
- Longitude
- -87.2783
- Latitude
- 41.4701
- 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
2022
$16,683
$538,000
$103,000
$641,000
-
$538,000
$103,000
$641,000
