6150 Mississippi
Vacant Land
for Sale
| Catylist Listing ID: |
30831203 |
| Property Subtypes: |
Hospitality, Office, Retail
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| Gross Land Area: |
1.43 Acres
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| Sale Price: |
$450,000 |
| Unit Price: |
$314,685 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/26/2023 |
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.
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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. |
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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