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$149,000
8400 Colorado Street Merrillville, IN 46410
- 1.80 Acres
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Property Description for 8400 Colorado Street Merrillville, IN 46410
Located in the commercial corridor of Merrillville and Hobart, Indiana, this 1.8-acre parcel presents a prime development opportunity with its versatile M1 zoning. Ideally positioned within an industrial park,this lot is a blank canvas designed to accommodate a diverse range of operations, including retail,service industries, production facilities, processing plants, and warehouses, among others. The property's zoning caters explicitly to businesses that benefit from proximity to major transportation veins, with excellent access to highways ensuring logistical ease for any enterprise.The flat terrain and all utilities available onsite simplifies construction and design, allowing for a more efficient utilization of space and a reduction in initial site preparation costs. Adding to the value is an on-site billboard that generates approximately $1,500 in annual profits. The lot falls within the US 30 & 69th Avenue TIF (Tax Increment Financing) District, an area specifically demarcated to spur economic development and improvement through strategic public investments.
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Address:8400 Colorado Street Merrillville IN 46410
Status:Active
on site: 100 days
Price:$149,000
Bathrooms:0
Lot Size:1.80
County: Lake
Township: Ross
MLS #:808405
Property Type:Unimproved Land
Lot Dimensions:290 x 287
Directions:Southeast corner of Colorado Street and East 84th Place.
Tax Year:2023
Mandatory HOA Fee:$
City:Merrillville
Zip Code:46410
Jeff Safrin
Additional Phone (219) 309-9930
Email jeff.safrin@talktotucker.com
F.C. Tucker Company
Schedule a Video Chat Tour
Listing provided courtesy of Ryan Peters with StreetFront, LLC from NIRA as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 08/12/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Merrillville Market Report
123
Avg. DOM
$157.59
Avg. $ / Sq.Ft.
$ 282,000
Med. List Price
The house prices in Merrillville are not dropping at the moment. There has been a increase in price of $170,000.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
There is no data available at this time for Merrillville.
The most popular place to buy a home in Merrillville is null. null is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Merrillville .
The average amount of property taxes you would have to pay for a home in Merrillville is $419.82. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Merrillville are staying listed for an average of 78 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Merrillville was 206 minutes ago.
At the moment we have 28 open houses that you can visit.
The cost of the most expensive home in Merrillville is $519,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Merrillville is $102,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Merrillville in year 1920 and the newest built house is in year 2025.
The average size of properties in Merrillville is 2068.76 sq.ft. , the biggest one being 4732 sq.ft. and the smaller being 720 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.
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