8690 Broadway

Vacant Land for Sale
Catylist Listing ID: 30144803
Property Subtypes: Office, Retail
Gross Land Area: 2.07 Acres
Sale Price: $250,000
Unit Price: $120,772 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/1/2021

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. 2018 pay 2019 taxes are $6,311.04. 2016 INDOT traffic count: 25,101 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.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 45-12-28-276-008.000-030

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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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