8690 Broadway
Vacant Land
for Sale
| Catylist Listing ID: |
30144803 |
| Property Subtypes: |
Office, Retail
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| Gross Land Area: |
2.07 Acres
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| Sale Price: |
$250,000 |
| Unit Price: |
$120,772 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/30/2023 |
Overview / Comments
This is a Broadway stoplight corner commercial lot directly across from Methodist Hospital! This parcel is zoned C-5 Office and Research making this site ideal for medical or professional office development with all utilities available to the site and frontage road in place. Nearby businesses include Hodges and Davis, P.C., Richter D.D.S, Theodoros and Rooth, P.C., Broadwest Surgical Center and Trilogy Health's Spring Mill Health Campus. 2021 pay 2022 taxes are $6,206.34. 2020 INDOT traffic count: 20,474 cars/day. 266'+/- of frontage on Broadway.
Located on the Northwest corner of Broadway and 87th Avenue less than 1 mile south of U.S. Highway 30 and minutes to the I-65/U.S. Highway 30 interchange. Access is via 87th Avenue from Broadway stoplight or from the frontage road. Shopping, dining, banking, lodging, entertainment and more are in close proximity. 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: |
45-12-28-276-008.000-030 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,105 |
44,304 |
106,639 |
| Median Age: |
40.63 |
37.95 |
38.12 |
| Households: |
2,849 |
17,596 |
40,664 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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