400-407 87Th AveMerrillville, IN 46410

For Sale
$1,250,000

Almost 10 acres, prime residential location.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a portfolio of eight lots totaling 9.96 acres, ideally situated in Merrillville, Indiana. Located south of US 30, off Broadway, and near Methodist Hospital, this property benefits from a highly desirable location surrounded by established residential neighborhoods and medical offices. The land is already platted and subdivided, with retention systems in place, simplifying the development process. The zoning is R5 PUD Residential, allowing for high-density development. The combined asking price for this entire 9.96-acre parcel is $1,250,000, translating to a land value of $1.37 per square foot. The property's APN numbers are 45-12-28-253-015.000-030

Highlights

  • Nearly 10 acres, platted & subdivided, with existing stormwater retention.
  • Prime location south of US 30, off Broadway, adjacent to Methodist Hospital.
  • Excellent location surrounded by residential neighborhoods and medical facilities.
  • High-density R5 PUD residential zoning.

Property Details for 400-407 87Th Ave

Property type
Other land, Land
Lot Size (sq. ft)
433,858 SF

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.45887
Longitude
-87.3406404
400-407 87Th Ave, 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].
400-407 87Th Ave
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