For Sale
$1,500,000

3425 Hwy Merrillville, IN 46410

Prime Retail Land: High Traffic, B3 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 4.22-acre commercial land parcel presents a remarkable investment opportunity in Merrillville, Indiana. Located at 3425 E. U.S. Highway 30, this property boasts 428 feet of frontage on a major thoroughfare, experiencing high daily traffic counts of 41,922 vehicles (2022 INDOT data). The B3 zoning allows for a wide range of commercial uses, making it ideal for retail, restaurants, or light industrial development. Situated in a thriving retail hub near Southlake Mall and numerous big-box retailers (including Home Depot, Target, and Walmart), this location offers unparalleled visibility and accessibility. The property's proximity to I-65 further enhances its strategic value. All utilities are readily available for extension. A new roundabout at 82nd and Colorado Street will improve traffic flow in the area. The property's APN is 45-12-24-302-004.000-046. The asking price is $1,500,000, representing a price per acre of $300,000. This is a rare chance to acquire a high-traffic, strategically located commercial land parcel in a rapidly growing area of Northwest Indiana. Don't miss this opportunity to capitalize on the strong retail presence and high visibility of this prime location.

Highlights

  • 4.22-acre commercial land parcel in Merrillville, IN, at 3425 E. US Highway 30.
  • 428 feet of frontage on US Highway 30, with high daily traffic counts (41,922 vehicles in 2022).
  • B-3 zoning allows for retail, restaurant, and light industrial uses.
  • Excellent location near Southlake Mall and major retailers (Home Depot, Target, Walmart), providing high visibility and accessibility.
  • Proximity to I-65 enhances strategic value.
  • Utilities readily available for extension.

Property Details for 3425 Hwy

Property type
Land
Lot Size (sq. ft)
183,823 SF

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.47069458832
Longitude
-87.293803716875

FAQs

What type of property is this?
Land - Prime Retail Land: High Traffic, B3 Zoning
Where is the land located?
The property is located at 3425 Hwy Merrillville, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4.22-acre commercial land parcel in Merrillville, IN, at 3425 E. US Highway 30.; 428 feet of frontage on US Highway 30, with high daily traffic counts (41,922 vehicles in 2022).; B-3 zoning allows for retail, restaurant, and light industrial uses.
How can I contact the broker?
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3425 Hwy
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