7990 HwyMerrillville, IN 46410

  • Land
  • 12.03 AC
For Sale
$2,250,000 View listing

Property Details for 7990 Hwy

Lot size
12.03 AC
Property type
Land

Description

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.

7990 Hwy, Merrillville, Indiana

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.4708
Longitude
-87.2399

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