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120 86th Ave - Stanish Vacant Lot 3.77 Acres of Commercial Land Offered at $360,000 in Merrillville, IN 46410
INVESTMENT HIGHLIGHTS
- Great frontage on 86th Ave
- Surrounded by professional office including medical, financial and legal practices.
- 3+ acres of vacant land ready for development
- 86th Ave was recently completed with new road connecting Broadway to Madison & Merrillville Rd
- Just West of fully lighted intersection of 86th & Broadway
- Property was not previously on market due to access which is resolved by 86th extension
EXECUTIVE SUMMARY
Subject property first time on the market. 86th Ave was recently constructed to connect from Broadway to Madison which provides further access to Merrillville Rd. Broadway and Merrillville Rd are major N/S traffic patterns and allow easy access to US Hwy 30 or South to Crown Point and 109th Ave. The property has in total 3.77 acres available with excellent frontage on the N side of 86th (564') and a depth of around 291'. There is a small area of wetland on the East side but plenty of land to work with for a professional building. The Hwy Commercial zoning allows for many uses with most of the area being a professional and medical corridor along Broadway.
PROPERTY FACTS
| Price | $360,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 3.77 AC |
| Zoning | Hwy Comm - Hwy Commercial zoning allows for multiple business types. Neighboring businesses include medical and professional use as Broadway is primary N/S road | ||
| Price | $360,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.77 AC |
| Zoning | Hwy Comm - Hwy Commercial zoning allows for multiple business types. Neighboring businesses include medical and professional use as Broadway is primary N/S road |
1 LOT AVAILABLE
Lot
| Price | $360,000 | Lot Size | 3.77 AC |
| Price Per AC | $95,490.72 |
| Price | $360,000 |
| Price Per AC | $95,490.72 |
| Lot Size | 3.77 AC |
Rectangular lot with 564' (+/-) of frontage on the recently opened 86th Ave extension. The property is a vacant lot with a depth of 291' (+/-) beginning approx 675' W of the fully lighted intersection of Bdwy and ending 150' E of Madison.
PROPERTY TAXES
| Parcel Number | 45-12-28-226-003.000-030 | Improvements Assessment | $0 |
| Land Assessment | $55,900 | Total Assessment | $55,900 |
PROPERTY TAXES
Parcel Number
45-12-28-226-003.000-030
Land Assessment
$55,900
Improvements Assessment
$0
Total Assessment
$55,900
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120 86th Ave - Stanish Vacant Lot
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