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    8460 Mississippi St Merrillville, IN 46410
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    Property profile & analytics

    8460 Mississippi St Merrillville, IN 46410


    • Hotels
    • 60,444 SF
    • 2.20 lot acres
    Prime Commercial Land Parcel For Sale
    $400,000
    2.00 Acres

    Prime Commercial Land Parcel

    2-acre C-3 zoned land near Southlake Mall.

    8460 Mississippi St, Merrillville, IN 46410
    View Listing
    Property ID
    US31-3216394
    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

    • Christ Embassy Merrillville / Church
    • Holiday Inn Express & Suites Merrillville, an IHG Hotel / Hotel & Motel

    Property Details for 8460 Mississippi St

    Year built
    2017
    Construction
    WOOD
    Lot size
    2.20 lot acres
    Property size
    60,444 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    45-12-22-479-004.000-030
    APU
    451222479004000030

    Description

    This exceptional 2-acre parcel of land, zoned C-3, presents a remarkable investment opportunity in Merrillville, Indiana. Located at 8460 Mississippi Street, this property boasts a highly desirable location near the intersection of Mississippi Street and Indiana Avenue, offering convenient access to major transportation arteries. The site's proximity to Southlake Mall to the north and the US 30 and I-65 interchange just a few blocks south ensures high visibility and accessibility. Surrounding businesses include various hospitality establishments, national retailers, and restaurants, creating a vibrant and thriving commercial environment. Preliminary discussions with Merrillville town officials have indicated a potential for flex and/or warehouse uses, subject to meeting specific criteria and obtaining necessary municipal approvals. Utilities are to be connected to the site. The property's C-3 zoning allows for a wide range of commercial uses, including retail, office, and hospitality developments, making it an ideal location for a variety of businesses. The asking price for this exceptional property is $400,000. This prime location, combined with its versatile zoning and convenient access to major roadways, makes this a truly unique opportunity for investors and developers seeking a strategic foothold in a rapidly growing market within Lake County, Indiana, zip code 46410.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,080,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3171
    Latitude
    41.465
    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
    $127,252
    $808,400
    $5,430,900
    $6,239,300
    -
    $808,400
    $5,430,900
    $6,239,300
    View Listing
    More about this property
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