8460 Mississippi St Merrillville, IN 46410
For Sale
1 / 3
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.
-
Christ Embassy Merrillville Church
-
Holiday Inn Express & Suites Merrillville, an IHG Hotel Hotel & Motel
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
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.