6800 East U.S. Highway 30

Vacant Land for Sale
Catylist Listing ID: 5657
Gross Land Area: 19 Acres
Sale Price: $1,250,000
Unit Price: $65,789 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/10/2021

Overview / Comments

This property has two zonings, 12.07 +/- acres of C-3 fronting U.S. 30 and 6.43 rear acres zoned R-2. 660' frontage on U.S. Highway 30 situated at a direct highway median cut; 12" water line on south side of U.S. 30; a sanitary sewer line has been extended along the south side of U.S. 30 with a stub north into this property. Minor or no wetlands anticipated on site. 2020 pay 2021 taxes $757.12. Zoned Highway Commercial, C-3.

Located on the north side of US Highway 30, between Grand Blvd (SR 51) and
Randolph St, 5 miles east of I-65. Located across the street from Ringo's Golf and Southlake Church of the Nazarene. Between Albanese Nut and Candy Factory and Deep River Water Park. The Town of Winfield and large subdivisions such as Lakes of the Four Seasons and Double Tree are directly south. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County.

Additional Details

Nearest MSA: Chicago-Joliet-Naperville
County: Lake
Tax ID/APN: 45-13-17-301-011.000-046
Zoning: R2/C3
Market Type: Small
Property Located Between: Grand Boulevard and Randolph Street
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: U.S. Highway 30
Feet of Frontage: 660
Traffic/Vehicle Count: 34,072
Site Description: Presently zoned R-2 however is planned for future commercial development on Merrillville's Master Plan Map with rezonings considered on a case by case basis. 660' frontage on U.S. Highway 30 situated at a highway median cut; 12" water line on south side of U.S. 30; septic required at this time; minor or no wetlands anticipated on site.
Area Description: Located on the north side of U.S. Highway 30, between Grand Boulevard (S.R. 51) and Randolph Street; 5 miles east of I-65; located across from Ringo's Golf and Southlake Church of the Nazarene; 1 mile west of Deep River Water Park. The Town of Winfield and large subdivisions such as Lakes of the Four Seasons and Double Tree are directly south.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,621 49,263 139,210
Median Age: 39.79 37.57 37.15
Households: 3,464 18,936 53,053

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