7900 Grant St Merrillville, IN 46410-8536
This exceptional 2.2-acre commercial lot presents a remarkable investment opportunity in Merrillville, Indiana. Situated on Grant Street, this property boasts a highly desirable C-3 zoning classification, opening doors to a wide array of potential uses. Its strategic location offers unparalleled accessibility, being conveniently located off US 30 and within a mile of I-65, ensuring high visibility and convenient access for customers and employees. The property's size is a significant advantage, making it one of the larger commercial lots available in the immediate area. The surrounding area is thriving, with nearby banks, offices, and senior living facilities, creating a strong and diverse commercial environment. The permitted uses for C-3 zoning are extensive and include, but are not limited to, hotels, banks, professional offices, various retail stores (apparel, antiques, art supplies, and many more), auto shops/garages, food sales establishments, laundromats, liquor stores, taverns, pawn shops, printing/copier shops, and sporting goods stores. The property's APN is 45-12-20-277-004.000-030. This is a rare opportunity to acquire a substantial commercial parcel in a high-growth area. The asking price for this exceptional property is $250,000. Don't miss this chance to secure your stake in Merrillville's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R33 · Merrillville, INNo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.