1201 86Th PlMerrillville, IN 46410

Property Details for 1201 86Th Pl

Year built

1989

Construction

WOOD

Lot size

2.87 AC

Property size (Sq ft)

30,414 SF

Property type

Manufacturing properties

APN

45-12-27-202-007.000-030

APU

451227202007000030

Description

This exceptional 29,420-square-foot industrial flex building, located at 1201 E 86th Place in Merrillville, Indiana, presents a unique investment opportunity. The property, situated on a 2.87-acre lot, offers flexible space ideal for a variety of uses. Built in 1989, this Class C building boasts a two-story design with a generous 20-foot ceiling height, providing ample room for operations and storage. Eight drive-in doors ensure efficient loading and unloading. The building can accommodate a single large tenant or be easily subdivided into smaller, customizable units, each with a blend of office and warehouse space. The property's zoning is M-1 Limited Industrial. Its strategic location at the intersection of 86th Place and Mississippi Street in Merrillville, the largest town in Lake County, Indiana, offers excellent visibility and accessibility. The property benefits from its proximity to I-65 and enjoys one of the lowest tax rates in Lake County. Potential uses include, but are not limited to, lab space, research and development, technology firms, processing facilities, auto repair shops, manufacturing operations, and outside storage. The APN is 45-12-27-202-007.000-030. This property is a prime opportunity for businesses seeking a versatile and well-located industrial space in a thriving community. The zip code is 46410.

• Alternative Use

  Use

  Valuation

  Residential

  $11,187,691

  Hospitality

  $10,247,865

  Educational

  $8,526,104

  Medical

  $8,819,329

  Retail

  $13,262,828

Location Insight

City

Merrillville

County

Lake

State

Indiana

Latitude

41.4609

Longitude

-87.3217

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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