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    Portage, IN
    Agricultural

    Portage, IN Agricultural Land / Farmland for Sale

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    Valparaiso, IN Lake Station, IN Burns Harbor, IN Chesterton, IN Hobart, IN Porter, IN Glen Carbon, IL Crown Point, IN
    Portage Land with Varied Terrain
    Updated: Apr 8, 2025
    Portage Land with Varied Terrain

    Lenburg Road, Portage, IN 46368

    $600,000
    67.73 AC lot
    Large acreage with approximately 58 usable acres within city limits.
    Combination of agricultural ground, wooded sections, and access to Salt Creek.
    Proximity to the Prairie Duneland Trail.
    Zoned R1 in the City of Portage, IN.
    Potential for nature lovers and sportsmen.
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    Portage Acreage Property on Lute
    Updated: Feb 28, 2024
    Portage Acreage Property on Lute

    Lute Road, Portage, IN 46368

    $280,000
    13.32 AC lot
    Acreage property adjacent to Prairie Duneland Trail
    Redevelopment potential (subject to City approval)
    Located in Portage Township on Lute Rd.
    Residentially zoned R2
    Public water and sewer available
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Portage, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Rural Residential Development Land
    Rural Residential Development Land

    590 W 300 N, Valparaiso, IN 46385

    $209,900
    5.00 AC lot

    Five-acre parcel with split designations: farmland at the front and rural residential zoning at the back.

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    Farmland Tract with Easement
    Farmland Tract with Easement

    351 S 100 W, Valparaiso, IN 46385

    Contact for pricing
    40.00 AC lot

    Approximately 40 acres of farmland in Porter Township, with acreage accessed via a proposed easement.

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    Zoned Agricultural Land Parcel
    Zoned Agricultural Land Parcel

    1085 S Lake Park Avenue, Hobart, IN 46342

    Contact for pricing
    7.88 AC lot

    Working farm parcel with about 160 feet of frontage and AG zoning for flexible development planning.

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    Large Development Land Parcel
    Large Development Land Parcel

    6363 Grand Boulevard, Hobart, IN 46342

    Contact for pricing
    160.00 AC lot

    Expansive parcel includes National Wetlands in the southern portion, offering scale for development planning and site design.

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    Portage, IN Agricultural Land / Farmland Market Trends and Statistics

    Explore 2 agricultural land / farmland for sale in Portage, IN on our real estate platform. These investment opportunities span a total of 3,530,538 square feet of properties for sale, with an estimated market value of $880,000.

    Sale prices for farmlands in Portage, IN start at $280,000, averaging $440,000, and reaching up to $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 40K
    Population Growth (5Y) +3.9%
    Median Household Income $72,638
    College Educated 22.8%

    High-Yield Neighborhoods for Investment

    Identify Portage submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46368 $440K

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Property Tax per SF $55.69 per SF
    Tax Rate vs County Average 0.33 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Porter County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Portage fall within the 50 to 100 acres range.

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