8203 Colorado

Vacant Land for Sale
Catylist Listing ID: 30724276
Property Subtypes: Industrial, Other
Gross Land Area: 19.21 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2023

Overview / Comments

This is a prime development site situated in the heart of Northwest Indiana’s primary retail area. This 19.21-acre site has frontage on both U.S. 30 and Colorado Street just east of Southlake Mall. 418’ of frontage on Colorado Street. The surrounding area is home to many retail, restaurant, offices, and Light Industrial buildings. The property is zoned M-1. (Light Industrial). Great exposure on U.S. 30. All utilities are available for extension at or near to the site. 2020 INDOT traffic counts for U.S. 30 are 27,484 cars/day east of Colorado Street. See attached IEDC Why Indiana Fact Sheet on all great reasons to bring your business to Indiana.

From I-65, Exit US 30 East for approximately 1 1/4 miles. Merrillville/Hobart is considered a hub for retail trade in Northwest, IN. The US 30 corridor near I-65 is home to many large, big box retailers, restaurants, and hotels. Close proximity to 6 million square feet of retail including Home Depot, Target, Big Lots, Xfinity Store, Southlake Mall, across from AutoZone, Speedway, Avalon, Wendy's, Walmart, Sam's Club Centier Bank.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 45-12-24-302-003.000-046
Zoning Description: M-1

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,823 22,498 97,210
Median Age: 34.58 40.54 38.4
Households: 1,331 9,211 37,382


© Copyright 2001-2023 Moody's. All Rights Reserved. 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.