3425 E. U.S. Highway 30

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Address: 3425 E U.S. Hwy 30, Merrillville, IN 46410, USA
Chicago & Midwest + Land/Development
Created date: January 19, 2024
Date last updated: May 11, 2026
Price: $2,300,000Investment Analyzer NEW!

Property Description

This is a prime development site situated in the heart of Northwest Indiana’s primary retail area. This parcel is for sale or ideal for a build to suit retail, restaurant for a single tenant or this site can be a land lease. This a 4.22 with 428' of frontage on U.S. 30 aka E. Lincoln Highway just east of Southlake Mall. B-3 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. Great exposure on U.S. 30. All utilities are available for extension at or near to the site. 2024 INDOT traffic counts for U.S. 30 are 41,676 cars/day east of Colorado Street. See attached IEDC Why Indiana Fact Sheet on all great reasons to bring your business to Indiana.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $2,300,000
Lot Size: 4.22 Acres
Opportunity Zone: No
Property Website Click Here
Address: 3425 E. U.S. Highway 30, Hobart, IN 46342, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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