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5601 Melton Rd
Gary, IN 46403
Land For Sale · 2.59 AC

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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

Excellent investment/development opportunity. In the heart of the Transit Development Project(RDA), a Federal & State project, with possible TIF and development incentives available to developers.
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

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Hold For Development
Total Lot Size 2.59 AC
Opportunity Zone Yes
Zoning R1 - Residential. Potential Commercial / retail use.

1 LOT AVAILABLE

Lot

Price $260,312 CAD
Price Per AC $100,506.41 CAD
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. Up to (+/-) 7 acres.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-09-06-452-003.000-004
Land Assessment
$60,030 CAD
Improvements Assessment
$0 CAD
Total Assessment
$60,030 CAD
  • Listing ID: 33604966

  • Date on Market: 2024-10-22

  • Last Updated:

  • Address: 5601 Melton Rd, Gary, IN 46403

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