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