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5601 Melton Rd
2.59 Acres of Commercial Land Offered at $295,000 in Gary, IN 46403
Investment Highlights
- In the heart of the Transit Development Project(RDA), a Federal & State project, with possible TIF and development incentives available to developers.
- Easy access to the major highways in the region with a short drive to Chicago and Michigan.
- This site is the Miller Site. Miller Beach, Lake Michigan access, is a prime development area within the NW Indiana Region.
- Can be purchased separately or combined with other parcels for a larger development project.
Executive Summary
https://gary.gov/redevelopment/projects/ (RDA) This site is the Miller Site. Miller Beach, Lake Michigan access, is a prime development area within the NW Indiana Region.
https://www.doubletrack-nwi.com/ (link to the "double track" project & development)
Easy access to the major highways in the region with a short drive to Chicago and Michigan. Can be purchased separately or combined with other parcels for a larger development project.
Property Facts
| Price | $295,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.59 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $295,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.59 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $295,000 | Lot Size | 2.59 AC |
| Price Per AC | $113,899.61 |
| Price | $295,000 |
| Price Per AC | $113,899.61 |
| Lot Size | 2.59 AC |
Excellent location in Miller Beach. (+/-) 2.6 acres with frontage on US 20, across the street from the commuter train station. Surrounding properties are improved allowing access to utilities. National & Local business, residential surrounding area
Description
Vacant land sitting in the heart of the Miller Beach, Lake Michigan access, redevelopment corridor. Surrounded by commercial and residential properties. Can be purchased separately or combined with other parcels for a larger development project.
PROPERTY TAXES
| Parcel Number | 45-09-06-452-003.000-004 | Improvements Assessment | $0 |
| Land Assessment | $42,800 | Total Assessment | $42,800 |
PROPERTY TAXES
zoning
| Zoning Code | R1 (Residential) |
| R1 (Residential) |
Presented by
5601 Melton Rd
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