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7436 Hayes St
Merrillville, IN 46410
62.84 Ac for Residential Development Land · Land For Sale · 62.84 AC
Investment Highlights
- UTILITIES NEAR SITE
- MULTIPLE POINTS OF INGRESS & EGRESS POSSIBLE
- DEMAND OVERWHELMS SUPPLY OF SINGLE-FAMILY HOMES IN AREA
- NEAR FLAT TOPOGRAPHY
- CURRENTLY ZONED FOR SINGLE-FAMILY DEVELOPMENT
- Merrillville Residential Development Opportunity
Executive Summary
Merrillville Residential Development Opportunity
Highlights
• UTILITIES NEAR SITE
• NEAR FLAT TOPOGRAPHY
• MULTIPLE POINTS OF INGRESS & EGRESS POSSIBLE
• CURRENTLY ZONED FOR SINGLE-FAMILY DEVELOPMENT
• DEMAND OVERWHELMS SUPPLY OF SINGLE-FAMILY HOMES IN AREA
Zoning: SF-2
Current Use: Vacant / Ag
The 2011 City of Merrillville Zoning Development Map shows the site zoned
for R-2 single-family residential district, requiring a density of less than four (4)
dwelling units per acre; and minimum floor area of 1,200 square feet.
On-site water features, with 91.9% (57.74 acres ) available for development.
Just northwest of Merrillville, this property is located in Lake County, in the most northwestern part of Indiana. The
62.84-acre site is currently vacant, agricultural farmland, and situated just north of Highway 30.
Approximately 5.10 acres (±8.1%) of the land is designated as wetlands, leaving 57.74 acres (91.9%) available for development.
Chicago is approximately 42 miles north and Fort Wayne is 120 miles east. Interstate 65, a main North-South thoroughfare, is three
miles away and runs south to Indianapolis.
PROPERTY FACTS
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 62.84 AC |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 62.84 AC |
1 Lot Available
Lot
| Price | $2,815,442 CAD | Lot Size | 62.84 AC |
| Price Per AC | $44,803 CAD |
| Price | $2,815,442 CAD |
| Price Per AC | $44,803 CAD |
| Lot Size | 62.84 AC |
The 2011 City of Merrillville Zoning Development Map shows the site zoned for R-2 single-family residential district, requiring a density of less than four (4) dwelling units per acre; and minimum floor area of 1,200 square feet.
Description
Merrillville Residential Development Opportunity 62.84 Acres for Sale Residential Development Land Highlights • UTILITIES NEAR SITE • NEAR FLAT TOPOGRAPHY • MULTIPLE POINTS OF INGRESS & EGRESS POSSIBLE • CURRENTLY ZONED FOR SINGLE-FAMILY DEVELOPMENT • DEMAND OVERWHELMS SUPPLY OF SINGLE-FAMILY HOMES IN AREA Zoning: SF-2 Current Use: Vacant / Ag The 2011 City of Merrillville Zoning Development Map shows the site zoned for R-2 single-family residential district, requiring a density of less than four (4) dwelling units per acre; and minimum floor area of 1,200 square feet. On-site water features, with 91.9% (57.74 acres ) available for development. Just northwest of Merrillville, this property is located in Lake County, in the most northwestern part of Indiana. The 62.84-acre site is currently vacant, agricultural farmland, and situated just north of Highway 30. Approximately 5.10 acres (±8.1%) of the land is designated as wetlands, leaving 57.74 acres (91.9%) available for development. Chicago is approximately 42 miles north and Fort Wayne is 120 miles east. Interstate 65, a main North-South thoroughfare, is three miles away and runs south to Indianapolis.
