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    400 W 400 N Michigan City, IN 46360

    Sponsored
    For Sale
    $1,050,000

    LAND - Michigan City, IN

    Lot size:
    21.81 Acres
    Days on Market:
    109
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 400 W 400 N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    460516126001000046
    Lot size
    21.81 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Coldwell Banker Residential (847) 404-8900 [email protected]

    Listing agent Zane Galloway (219) 707-9282

    Listing date Sep 19, 2025

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Michigan City Commercial Land Parcel

    This 21.814-acre parcel is located off I-94 and U.S. 421 (Franklin St) in Michigan City, Indiana. The property is zoned B-3 Highway Commercial. It is situated in an area with new development, including a new hospital by Franciscan Health. The location features two frontages of over 700 feet each. The northern front faces Walmart, while the southern front sits across from Duneland Dialysis. The property is suitable for various uses, including hotels, medical facilities, gas stations, and convenience stores. Preliminary survey work has been completed for a proposed subdivision into 6 parcels of approximately 3.5 acres each. Each parcel is available for individual purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Gym & Fitness Auto Parts Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.887697
    Latitude
    41.665156

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    FAQs

    What type of property is this?
    Commercial land - 21.814 acres of commercial land in Michigan City, IN.
    Where is this commercial land located?
    The property is located at 400 W 400 N Michigan City, IN.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Large 21.814-acre parcel zoned B-3 Highway Commercial, suitable for various developments.; - Prime location off I-94 and U.S. 421, near Michigan City.; - Significant frontage on two sides (over 700 feet each), facing Walmart and Duneland Dialysis.
    (847) 404-8900
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    400 W 400 N Michigan City, IN 46360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 W 400 N Michigan City, IN 46360
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