8900 Mississippi Street

8700 Mississippi Street, Merrillville, Indiana 46410

  • Property Subtypes Industrial , Other
  • Sale Price $980,000.00 Total
  • Class of Space N/A
  • Total Land Size 37.878 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 3/31/2020
  • Days on Market 971 Days
  • Status active

Overview / Comments

Here is a beautiful property with several interesting development/investment possibilities. Present zoning is M-2 Light Industrial, however it is suitable for business park development or for one large user. 4 way stop intersection sewer and water available. The property is interspersed with good high portions and attractive wetlands including a nice pond. Initially there were 80 acres available. The east 40 acres have been sold and is now South Ridge Industrial Park. The west 38 acres are still available, approximately 20 acres of which are build-able. Mississippi Street has been widened to 3 lanes with new stop light intersection. Suitable for retail, office, light industrial, or a combination. 2018 pay 2019 taxes are $652.14. 1 mile southeast of the I-65 and U.S. 30 interchange. I-65 to U.S. 30 east 1 block to Mississippi Street then south 3/4 mile. The property is situated at the northeast corner of Mississippi and 89th Avenue (aka Harms Road). Southlake Mall is 1/2 mile to the north. Great access to regional highways of I-65, I-80/94 and I-90. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County.

Additional Details

  • Tax ID/APN 45-12-26-151-001.000-030
  • Zoning Limited Industrial Corridor
  • Property Visibility Excellent

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