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    800 Ridge Rd Gary, IN 46409

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    800 Ridge Rd Gary, IN 46409


    • Retail space
    • 2,149 SF
    • 0.24 lot acres
    Prime Gary, IN Commercial Lot For Sale
    $150,000

    Prime Gary, IN Commercial Lot

    High-traffic location, owner financing possible.

    800 Ridge Rd, Gary, IN 46409
    View Listing
    Property ID
    US31-0416479
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • GILL Food Mart / Grocery & Convenience Store
    • Royal Care Tire And Automotive Center / (Bike/Boat/Book/etc) Store / Auto Parts Store

    Property Details for 800 Ridge Rd

    Year built
    1952
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.24 lot acres
    Property size
    2,149 SF
    Property type
    Retail space
    APN
    45-08-27-201-001.000-004
    APU
    450827201001000004

    Description

    This exceptional 0.24-acre commercial lot, located at 800 E Ridge Road in Gary, Indiana, presents a unique investment opportunity. Priced at $150,000, the property boasts a highly desirable location with easy access from two streets and proximity to an expressway, ensuring excellent visibility and convenient access for potential customers. The strategic placement within a mixed-use area, surrounded by both commercial and residential properties, guarantees a substantial pool of potential clientele. Currently vacant, the property offers immediate occupancy for a new owner, allowing for a seamless transition and swift commencement of operations. The building itself features a newer rubber roof, a significant advantage for long-term cost savings and maintenance. The presence of a nearby traffic light further enhances visibility, ensuring that passing traffic is consistently exposed to this prime commercial location. The seller is open to considering a land contract or owner financing arrangement with acceptable terms, making this an even more attractive proposition for prospective buyers. This property is ideal for a wide range of commercial ventures, capitalizing on its strategic location and high traffic flow. Don't miss this chance to secure a thriving commercial space in a dynamic Gary, Indiana neighborhood.


    Value Estimations

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    • CAP approach

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    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3264
    Latitude
    41.5511
    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
    $2,543
    $18,800
    $50,500
    $69,300
    -
    $18,800
    $50,500
    $69,300
    View Listing
    More about this property
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