South Ridge Park Lots
Vacant Land
for Sale
| Catylist Listing ID: |
29651336 |
| Property Subtypes: |
Industrial
|
| Gross Land Area: |
3.09 - 3.62 Acres
|
| Sale Price: |
$210,120 - 246,160 |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/4/2021 |
Overview / Comments
Property has many development possibilities. Present zoning is M1/M2 light industrial. Mississippi Street was recently widened to four lanes with stop light intersection. 8 lot Industrial Park Subdivision with 3 fully improved available lots. Lot pricing is based on $68,000 per acre net of drainage areas. See attached PDF on Why Indiana! IEDC State marketing for all the great reasons to consider the move or expansion to this property.
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 to 89th Avenue (aka Harms Road) then east to entrance of park. Southlake Mall is less than 1 mile to the north. Great access to regional highways of I-65, I-80/94 and I-90. 12 miles east of Illinois state line. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County.
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Additional Details
| Nearest MSA: |
Chicago-Naperville-Elgin |
| County: |
Lake |
| Tax ID/APN: |
45-12-26-176-001.000-030, 45-12-26-176-003.000-030, 45-12-177-001.000-030, 45-12-26-177-002.000-030, 45-12-26-177-003.000-030 |
| Zoning: |
M1/M-2 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
32,960 |
92,028 |
| Median Age: |
39.75 |
38.59 |
| Households: |
13,750 |
35,709 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
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