Property summary
This exceptional 1.86-acre parcel presents a prime development opportunity in Merrillville, Indiana. Strategically located on two corner lots at 8385 Merrillville Road, this C3-zoned land boasts high visibility and accessibility, situated just south of US-30 and minutes from I-65, ensuring significant traffic flow. The property's ideal location is complemented by its proximity to major amenities, including grocery stores, coffee shops, car dealerships, and a diverse range of dining options, catering to a substantial consumer base. This makes it an attractive site for a variety of commercial ventures. Infrastructure is readily available, with city water and sewer connections, natural gas, and high-speed internet access already in place. Detailed due diligence has been conducted, with land survey reports, topography information, and soil boring test results available for review upon request. This turnkey opportunity is perfect for developers and investors seeking a high-impact location with established infrastructure and strong market potential. The asking price for this exceptional property is $250,000. Don't miss this chance to capitalize on this remarkable investment potential in a thriving commercial area. Contact us today to schedule a viewing and explore the possibilities.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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