For Sale
$2,900,000

7800 Grant St Merrillville, IN 46410

21-acre commercial land, R-5 zoning, high-density potential.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 21-acre parcel, located at 7800 Grant Street in Merrillville, Indiana (46410), presents a unique investment opportunity. Zoned R-5, it's one of the few remaining high-density residential-zoned parcels in the area, offering significant development potential. The property boasts a conceptual plan outlining the possibility of constructing 320 units, making it ideal for high-density residential development. Its prime location just north of the Route 30/Grant Street intersection provides easy access to Interstate 65 via Route 30, ensuring excellent connectivity. High traffic counts further enhance its appeal: 46,253 vehicles daily on Route 30, 17,248 on Route 55, and 59,457 on I-65. The property's APN is 45-12-20-26-004.000-30, and annual taxes are $1,791. The asking price for this remarkable land opportunity is $2,900,000. This is a rare chance to acquire a substantial, strategically located parcel with significant development potential in a thriving Indiana community. Contact us today for more details.

Highlights

  • R-5 High-Density Residential Zoning.
  • Rare R-5 zoned parcel in Merrillville.
  • Prime location near Rt 30/Grant Street intersection.
  • Conceptual plans for a 320-unit development.
  • Excellent I-65 access via Rt 30.
  • High traffic counts on Rt 30 (46,253 VPD), Rt 55 (17,248 VPD), and I-65 (59,457 VPD).

Property Details for 7800 Grant St

Property type
Land
Lot Size (sq. ft)
914,760 SF

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.480037
Longitude
-87.355762
7800 Grant St, Merrillville, Indiana

FAQs

What type of property is this?
Land - 21-acre commercial land, R-5 zoning, high-density potential.
Where is the land located?
The property is located at 7800 Grant St Merrillville, IN.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: R-5 High-Density Residential Zoning.; Rare R-5 zoned parcel in Merrillville.; Prime location near Rt 30/Grant Street intersection.
How can I contact the broker?
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7800 Grant St
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