3425 US Highway 30

Vacant Land for Sale
Catylist Listing ID: 30724276
Property Subtypes: Industrial, Other
Gross Land Area: 23.58 Acres
Sale Price: $1,150,000 Per Acre
Total Price: $27,117,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/16/2021

Overview / Comments

This is a prime development site situated in the heart of Northwest Indiana’s primary retail area. This 23.58-acre site has frontage on both U.S. 30 and Colorado Street just east of Southlake Mall. 428’ of frontage on U.S. 30 aka E. Lincoln Highway and 418’ of frontage on Colorado Street. The surrounding area is home to many retail, restaurant, offices, and Light Industrial buildings. The property is zoned a combination B3 (Commercial) and 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

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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

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