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.

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

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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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