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60+ Acre Redevelopment Site

Market Price

4401 W 5th Ave, Gary, IN 46406

Active
Last Updated: 07/10/2025

160,747 sqft

Building Size

60 acres

Lot Area

Details:
Building Size:    160,747 sqft
Lot Area:    60 acres
Class:    C
Year Built:    1955
Floors:    1
Highlights:
  • Permitted Zoning Uses: Industrial Park, Logistics Hub, or Mixed-Use Redevelopment
  • Within Opportunity Zone: Qualified Investors May Benefit from Tax Breaks
  • Development Incentives Available: Access to a Range of Local, State, & Federal Programs Supporting Investments in Gary, IN
  • Located Near the Gary/Chicago International Airport
  • Just 25 Miles from Downtown Chicago
  • Direct Access to Major Highways, Including I-90 and I-94
  • Strong Municipal Backing from the Indiana Economic Development Corporation
Description:

An exceptional investment opportunity in Gary, IN, offering flexible development potential for an Industrial Park, Logistics Hub, or Mixed-Use Redevelopment. Located within a designated Opportunity Zone, the property presents attractive tax incentives for qualified investors.

Its strategic location near the Gary/Chicago International Airport, with direct highway access and strong municipal support, makes it an ideal asset for land and retail investors seeking long-term value in a rapidly evolving market.

Gary, IN is a dynamic city with a rich history and a diverse array of cultural attractions. Located in the heart of the Midwest, Gary offers a unique blend of urban amenities and natural beauty. The city is known for its vibrant arts and music scene, as well as its proximity to the scenic shores of Lake Michigan. Its strategic location, just a short drive from Chicago, provides access to a wide range of opportunities for commerce and leisure, making Gary an exciting and promising city for investment and growth.

Map:
Documents:
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Tri-City_Plaza_-_4401-4451_W_5th_Ave__Gary__IN__OM_.pdf
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