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$70,000 Just Listed
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Property Description
This 0.86-acre commercial development site is zoned B-1 (Neighborhood Business), which allows for a variety of retail, restaurant, and service-related uses. The site consists of flat, raw ground with approximately 85 feet of frontage on Colorado Street and dimensions of roughly 85 feet by 470 feet deep. Positioned just 500 feet north of US Route 30, the property benefits from proximity to one of Northwest Indiana's busiest retail corridors with traffic counts of approximately 41,676 vehicles per day. This location offers strong visibility, convenient access, and an excellent opportunity for users seeking a presence in Merrillville's established retail trade area.
Full Property Details
Full Property Details for 7967 Colorado St
General
- Price: $70,000
- Taxes: $70 (2024)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 834971
- Updated: Today (3/5/2026)
- Added to Site: Today
Location
- County: Lake
- Township: Ross
- Driving Directions: 500 feet north of the intersection Colorado and Route 30
Lot Features
- Lot Size (Acres): 0.86
- Lot Size (Sq. Ft.): 37,462
- Lot Features: Rectangular Lot
- Zoning: Business
Financial Considerations
- Tax Amount: $70
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Legal Description: PT. W.1/2 SW.1/4 NW.1/4 S.24 T.35 R.8 EX. W.30FT IN R/W 0.86AC
- Property ID: 451224151006000046
Listed by StreetFront, LLC
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Schools
Schools serving 7967 Colorado St
School District:Merrillville Community School
| Name | Grades | Distance |
|---|---|---|
John Wood Elementary School 6100 East 73rd Avenue, Merrillville, IN 46410 | PK-4 | 1.9 mi |
Pierce Middle School, Merrillville, IN 199 East 70th Place, Merrillville, IN 46410 | 7-8 | 2.1 mi |
Merrillville High School 276 East 68th Place, Merrillville, IN 46410 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7967 Colorado St
Date
Details
Price
Change
Source
3/05/2026
Listed
$70,000
1900%
MLS
5/02/2025
Sold
$3,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7967 Colorado St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$148
32%
$3,500
—
2023
$112
35%
$3,500
9%
2022
$83
-8%
$3,200
3%
2020
$90
-23%
$3,100
3%
2019
$117
-3%
$3,000
—
2018
$121
-2%
$3,000
—
2017
$123
—
$3,000
3%
2017
$123
6%
$2,900
—
2016
$116
63%
$2,900
—
2015
$71
-23%
$2,900
-3%
2013
$92
-2%
$3,000
—
2012
$94
—
$3,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7967 Colorado St
7967 Colorado Street, Merrillville, IN 46410 (MLS# 834971) is a Lots/Land property with a lot size of 0.86 acres. 7967 Colorado Street is currently listed for $70,000 and was received on March 05, 2026. Want to learn more about 7967 Colorado Street? Do you have questions about finding other Lots/Land real estate for sale in Merrillville? You can browse all Merrillville real estate or contact a Coldwell Banker agent to request more information.

