For Sale
$2,250,000

7990 Hwy Merrillville, IN 46410

12 Acres, Highway 30 Frontage, C-3 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 12.03-acre commercial land parcel presents a prime investment opportunity in Merrillville, Indiana. Boasting 660 feet of frontage on heavily trafficked US Highway 30 and an additional 689.87 feet on Randolph Street, this C-3 zoned property offers unparalleled visibility and accessibility. The site includes a Lamar billboard, adding immediate revenue potential. With 27,101 vehicles passing daily (2022 IDOT data), this location ensures high exposure for any commercial venture. Conveniently situated 5.5 miles east of I-65, the property benefits from excellent regional connectivity. Surrounding businesses include Smiles on Randolph, Resurrection Lutheran Church, Albanese Nut and Candy Factory, and Deep River Water Park, further enhancing its desirability. The property's proximity to the Town of Winfield and established residential communities like Lakes of the Four Seasons and Double Tree provides a strong customer base. The 2023 payable 2024 property taxes are $14,696.94. APN: 45-13-20-426-005.000-030. Note that the gross acreage is 12.03 acres, with 9.88 net acres after accounting for existing and proposed right-of-ways. This is a rare opportunity to acquire a high-traffic, strategically located commercial land parcel in a thriving Northwest Indiana market.

Highlights

  • $2,250,000 asking price.
  • 12.03-acre commercial land parcel.
  • C-3 Highway Commercial zoning.
  • Located at 7990 E US Highway 30, Merrillville, IN 46410.
  • Includes a Lamar billboard.

Property Details for 7990 Hwy

Property type
Land
Lot Size (sq. ft)
524,027 SF

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.470751261325
Longitude
-87.239854120197
7990 Hwy, Merrillville, Indiana

FAQs

What type of property is this?
Land - 12 Acres, Highway 30 Frontage, C-3 Zoning
Where is the land located?
The property is located at 7990 Hwy Merrillville, IN.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: $2,250,000 asking price.; 12.03-acre commercial land parcel.; C-3 Highway Commercial zoning.
How can I contact the broker?
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7990 Hwy
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