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$62,000
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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
- Sold For: $62,000
- Taxes: $70 (2024)
- Status: Closed
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 834971
- Added to Site: 46 day(s) ago
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
Sold by Banga Realty, 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 ATTOM Data Solutions 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
4/10/2026
Sold
$62,000
-11.43%
MLS
3/05/2026
Listed
$70,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7967 Colorado Street, Merrillville, IN 46410 (MLS# 834971) is a Lots/Land property that was sold at $62,000 on April 10, 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.

