8400 Colorado Street
Merrillville, IN 46410
- – beds
- – baths
- – sqft
- ~2 acre lot
- – on site
Located in the commercial corridor of Merrillville and Hobart, Indiana, this 1.8-acre parcel presents a prime development opportunity with its versatile M1 zoning. Ideally positioned within an industrial park,this lot is a blank canvas designed to accommodate a diverse range of operations, including retail,service industries, production facilities, processing plants, and warehouses, among others. The property's zoning caters explicitly to businesses that benefit from proximity to major transportation veins, with excellent access to highways ensuring logistical ease for any enterprise.The flat terrain and all utilities available onsite simplifies construction and design, allowing for a more efficient utilization of space and a reduction in initial site preparation costs. Adding to the value is an on-site billboard that generates approximately $1,500 in annual profits. The lot falls within the US 30 & 69th Avenue TIF (Tax Increment Financing) District, an area specifically demarcated to spur economic development and improvement through strategic public investments.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Aug 12, 2024
•
MLS# 808405 —
Location
-
Directions:Southeast corner of Colorado Street and East 84th Place.
-
Latitude:41.464148
-
Longitude:-87.297629
The Property
-
Parcel Number:45-12-24-353-001.000-046
-
Property Subtype:Unimproved Land
-
Lot Features:Corner Lot, Open Lot
-
Lot Size Acres:1.8
-
Lot Size Square Feet:78408
-
Lot Size Dimensions:290 x 287
-
Lot Size Source:Assessor
-
Additional Parcels:false
-
Fencing:None
-
Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (219) 510-3720
- Office phone:
- (219) 510-3720
Taxes
-
Tax Year:2023
-
Tax Annual Amount:5144
-
Tax Legal Description:PHADKING SUBDIVISION LOT 1
Utilities
-
Utilities:Electricity Available, Sewer Available, Water Available, Natural Gas Available
-
Electric:Other
-
Sewer:Public Sewer
-
Water Source:Public
The Community
-
Community Features:None
-
Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/12/24
Aug 12, 2024
|
Listed / Active | NIRA | $149,000 |
