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3700 Montgomery St 0.66 Acres of Commercial Land Offered at $499,999 in Hobart, IN 46342
Investment Highlights
- Heavy Traffic
- Near Major Interstate Highway
Executive Summary
High-visibility corner development opportunity in Hobart. This 1.0 acre site is strategically located at the intersection of Montgomery St and 37th Ave, offering approximately 86 feet of frontage on Montgomery and 127 feet on 37th Ave. Currently zoned Business (B-3), the parcel is ideally suited for a variety of commercial uses including retail, restaurant, or office. Excellent street visibility and high traffic counts make this a premier location for new construction. The two south lots are zoned R2 so a variance will be needed for B-3 usage there.
Property Facts
| Price | $499,999 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.66 AC |
| Property Type | Land | ||
| Zoning | Commercial - Two southernmost lots are zoned R2 | ||
| Price | $499,999 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.66 AC |
| Zoning | Commercial - Two southernmost lots are zoned R2 |
1 Lot Available
Lot
| Price | $499,999 | Lot Size | 0.66 AC |
| Price Per AC | $757,574.24 |
| Price | $499,999 |
| Price Per AC | $757,574.24 |
| Lot Size | 0.66 AC |
High-visibility corner development opportunity in Hobart. This 1.0 acre site is strategically located at the intersection of Montgomery St and 37th Ave, offering approximately 86 feet of frontage on Montgomery and 127 feet on 37th Ave.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $118,900 | |
| Land Assessment | $203,500 | Total Assessment | $322,400 |
Property Taxes
Parcel Numbers
Land Assessment
$203,500
Improvements Assessment
$118,900
Total Assessment
$322,400
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3700 Montgomery St
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