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Improved Land for Sale in Hobart, Indiana

3600 N Lake Parks Ave, Hobart, IN 46342

$999,900
24.1 acres
Active
Est $5,213/mo

Welcome to Hobart Sky Ranch Airport Industrial Park and Business Complex, showcasing nearly 25 acres of operable space highlighted by the 3,125' runway. Multiple large hangars are at your disposal to accommodate all your aviation needs. 88x60 post frame building with 14' tall ceilings lends half its space to insulated walls/ceilings and concrete floor with 50' W x 13'6" H electric hangar door. Immediately to your south of taxi way over 14,500 sq ft of additional hangar space awaits with yet another 50' w x 11' h bi-fold aviation door. Whether you are an industry leading avionics professional, pilot, instructor, or hobbyist you better believe this full service airport is ready and able to go to work for you. Not an aviation enthusiast or have other plans in mind? Rest assured this property still delivers, and has the potential for various intended uses from recreation to business and light industrial. Currently multiple cold storage areas under roof for RV, boat, camper, etc. dry rental storage spaces with large roll-up and sliding doors for easy ingress and egress. 35 individual indoor U Lock storage units waiting for their next lease, as well as an auxiliary 10 unit exterior U Lock building. Expansive asphalt paved and manicured grass areas provide even more passive income potential for exterior cold storage for larger RVS and heavy equipment. Multiple office and conference room space as well as studio apartment accommodations. A 3 bed 2.5 bath 1680 sq ft manufactured home currently being used as a single family residence, could easily become the HQ of your empire or additional rental income. Over 19 ACRES ZONED INDUSTRIAL and remaining B-2/3 allows for the entrepreneurial imagination to run wild. Right in the cradle of the I- 65,80,90,94 corridors a breeze of a commute. A stones throw to Gary/Chicago International and a quick flight to Midway or O'Hare while offering the safe haven of privacy and advantageous Indiana zoning and tax law. Property is TAX EXEMPT

21,508
Sq feet
1992
Built

Location

Street address
3600 N Lake Parks Ave
Elevation
640 feet
Coordinates
41.5532, -87.263

Directions

From I-65 and Ridge Rd. Head East on Ridge Road to Lake Park Ave. North on Lake Park Ave to 36th Ave. West on 36th Ave to airport entrance past cemetery.

Property details

Acreage
24.12 acres
MLS #
GNIAR 814338
Posted

Property taxes

2023
$3,762

Parcels

  • 450919476002000016

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Mixed Use
Franchise
RE/MAX International

Exterior

Parking
Garage, Oversized, Paved or Surfaced, RV
Features
Paved

Structure

Heating
Varies by Unit

Listing history

DateEventPriceChangeSource
Mar 13, 2025Price drop$999,900$90 -0.01%GNIAR
Dec 28, 2024New listing$999,990GNIAR
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This 24.12-acre property is located at 3600 N Lake Parks Ave in Hobart, IN 46342. The property is available for sale for $999,900. It has a 21,508 sq ft structure built in 1992.

Checked 33 mins ago — Updated

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