8400 Colorado StMerrillville, IN 46410

For Sale
$149,000

1.8-Acre Industrial Lot, $149K

Overview

Added:
Dec 11, 2024
Days on market:
91
This 1.8-acre commercial land parcel in Hobart, Indiana, presents a unique development opportunity. Located in the Merrillville/Hobart commercial corridor and situated within an industrial park, this property boasts Manufacturing-1 zoning, allowing for diverse uses including retail, service industries, production facilities, processing plants, and warehouses. Its prime location offers excellent access to major transportation arteries, with I-65 just 1.5 miles and US-30 only 0.5 miles away. The flat terrain and readily available utilities simplify construction and minimize site preparation costs. A significant advantage is the inclusion of a leased billboard generating approximately $1,500 in annual income. The property is conveniently located within the US 30 & 69th Avenue Tax Increment Financing (TIF) district, benefiting from strategic public investments designed to stimulate economic growth. This exceptional location and versatile zoning make this a highly attractive investment opportunity. The asking price is $149,000. Lake County address: 8400 Colorado St, Hobart, IN 46410. Zip code 46410.

Highlights

  • 1.8-acre commercial lot in Hobart, IN's Merrillville/Hobart corridor, within an industrial park.
  • Located in a Tax Increment Financing (TIF) district.
  • Manufacturing-1 zoning allows for diverse uses including retail, service, production, and warehousing.
  • Excellent access to I-65 (1.5 miles) and US-30 (0.5 miles).
  • Includes a leased billboard generating approximately $1,500 annual income.

Property Details for 8400 Colorado St

Property type
Other land, Land
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.4643593
Longitude
-87.2976649
8400 Colorado St, Merrillville, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
8400 Colorado St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message