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1257 Arbogast St

27.72 Acres of Commercial Land Offered at $1,392,336 CAD in Griffith, IN 46319

Investment Highlights

  • 3 blocks North of East Ridge Rd.
  • 30 minute drive to Chicago
  • 1 mile East of Cline Avenue
  • 2 miles southeast of 80/94 interchange

Financial Summary (Actual - 2021)

Annual (CAD) Annual Per AC (CAD)
Taxes $7,339 $264.77
Operating Expenses - -
Total Expenses $7,339 $264.77

Financial Summary (Actual - 2021)

Taxes (CAD)
Annual $7,339
Annual Per AC $264.77
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $7,339
Annual Per AC $264.77

Property Facts

Price $1,392,336 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Single Family Development
Total Lot Size 27.72 AC

1 Lot Available

Lot

Price $1,392,336 CAD
Price Per AC $50,229 CAD
Lot Size 27.72 AC

Description

Land available suited for a variety of uses. Currently zoned OS. Was zoned R2 and could potentially be zoned light industrial via rezoning process. 1,279' of frontage on Arbogast and 884' of frontage on 35th Street. Located near Little Calumet River. On south side of I-94. 3 blocks North of East Ridge Rd., 1 mile East of Cline Avenue, 2 miles southeast of 80/94 interchange. 30 minute drive to Chicago. Located near Pepe's Mexican Restaurant, Culvers, Popeyes, Menards, Jiffy Lube, AutoZone and Griffith BMV.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 45-07-23-402-010.000-006
  • 45-07-23-402-013.000-006
  • 45-07-23-402-011.000-006
  • 45-07-23-426-002.000-006
  • 45-07-23-426-001.000-006
Land Assessment
$457,620 CAD (2023)
Improvements Assessment
$0 CAD (2023)
Total Assessment
$457,620 CAD (2023)
Annual Taxes
$7,339 CAD
Tax Year
2021 Payable 2022

zoning

Zoning Code R2 (single-family residential zoning district)
R2 (single-family residential zoning district)
  • Listing ID: 24292616

  • Date on Market: 2021-10-14

  • Last Updated:

  • Address: 1257 Arbogast St, Griffith, IN 46319

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