3425 E. U.S. Highway 30/8203 Colorado St.

Vacant Land for Sale
Catylist Listing ID: 30779753
Property Subtypes: Industrial, Retail
Gross Land Area: 4.22 - 19.21 SF
Sale Price: $1,055,000 - 2,401,250
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/13/2022

Overview / Comments

This is a prime development site situated in the heart of Northwest Indiana’s primary retail area. This 23.43 acre site has frontage on both U.S. 30 and Colorado Street just east of Southlake Mall. Parcel 1 has 428’ of frontage on U.S. 30 aka E. Lincoln Highway and has 4.22 acres and B-3 zoning. Parcel 2 has 418' of frontage on Colorado Street and has 19.21 acres with M-1 zoning. The surrounding area is home to many retail, restaurant, offices and Light Industrial buildings. The City of Hobart will be installing a "new roundabout" at the corner of 82nd and Colorado Street to help alleviate all the traffic.
The property is zoned a combination B-3 (Commercial) and M-1. (Light Industrial). Great exposure on U.S. 30. All utilities are available for extension at or near 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: 45-12-19-403-001.000-030
Zoning: B-3, M-1
Feet of Frontage: 428
Zoning Description: The property is zoned a combination B-3 (Commercial) and M-1. (Light Industrial). Great exposure on U.S. 30. All utilities are available for extension at or near 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.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,595 58,093 135,823
Median Age: 34.34 37.45 38.16
Households: 3,305 21,681 51,691

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Indiana Commercial Board of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.