Individually Owned Property summary
This exceptional 208-acre parcel presents a unique mixed-use development opportunity in Merrillville, Indiana. Strategically located at the northwest corner of 93rd Avenue and Broadway, this property boasts significant frontage along both roadways (2,065 feet on Broadway and 3,400 feet on 93rd Avenue). Currently zoned R-2 (residential) and C-5 (commercial), the land offers flexibility for a variety of development plans, with the town showing receptiveness to zoning revisions. Preliminary… development plans have already received positive feedback from Merrillville officials, indicating alignment of vision and interests. The property is situated within the Broadway Expansion Tax Increment Financing (TIF) District, providing access to potential incentives at the local, regional, and state levels. The site is envisioned as a blend of commercial and residential uses, with approximately 67 acres suitable for commercial development and 141 acres for residential. Commercial lots are priced at $200,000 per acre, while residential lots are offered at $90,000 per acre. The entire site is also available for sale, with pricing subject to offer. The seller retains the right to price any remaining land on a case-by-case basis. This prime location along the "medical care corridor" offers unparalleled visibility and access, making it an ideal investment for substantial development. The property's APN is 45-12-28-400-003.000-030, and ownership is fee simple. This is a rare opportunity to acquire a large, well-positioned tract of land in a thriving Indiana community.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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- Lot area
- 208 ac
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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