6150 Mississippi

Vacant Land for Sale
Catylist Listing ID: 30831203
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 1.43 Acres
Sale Price: $450,000
Unit Price: $314,685 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/23/2023

Overview / Comments

Commercial land adjoining McDonalds with 277' of frontage on Mississippi Street and visibility on I-65. Property is currently zoned C-3 with all utilities at the site and ready for development. Ideal location for office, retail, hotel/motel, automotive and many other commercial uses, one time this site served as overstock McDonald's parking for the trucks. It is already concrete parking with street lights. 2021 INDOT traffic counts are 112,183 cars/day on I-65.
Located on the west side of Mississippi Street accessed via 61st Avenue at the I-65 interchange. Just 2.5 miles north of U.S. Highway 30 and the Merrillville retail corridor boasting 6 million square feet of retail. 5 miles south of the I-80/94 interchange. 3 miles south of Ridge Road. Less than an hour to Chicago. Site neighbors McDonald's and is in very close proximity to Speedway, Comfort Inn, Cracker Barrel, Taco Bell, Arby's, Menards and Northwind Crossing Industrial Park. McDonald's deed restriction prohibits many restaurants.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 45-12-10-226-004.000-030
Zoning: C-3
Property Visibility: Excellent
Feet of Frontage: 277
Traffic/Vehicle Count: 112,183
Highway Access: Located on the west side of Mississippi Street accessed via 61st Avenue at the I-65 interchange. Just 2.5 miles north of U.S. Highway 30 and the Merrillville retail corridor boasting 6 million square feet of retail. 5 miles south of the I-80/94 interchange.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,467 52,915 135,004
Median Age: 38.59 36.01 36.64
Households: 2,051 20,018 51,090

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