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    5920 Belshaw Rd Lowell, IN 46356

    Pending
    For Sale
    $4,920,000

    Unimproved Land - Lowell, IN

    Type:Unimproved Land
    Lot size:
    193.00 Acres
    Days on Market:
    303
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 5920 Belshaw Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Pending
    APN
    451936126001000007
    Exterior features
    Level
    Lot size
    193.00 Acres

    Building Details

    Architectural style
    Other

    Langen Realty, Inc. (219) 696-2000 [email protected]

    Listing agent James Langen (219) 696-2000 License #RB14029593

    Listing date Feb 6, 2025

    MLS# 489999 Listing URL

    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

    193 Acres Residential Development Land

    This property features 193+/- acres of unimproved land, situated in a growing area and suitable for residential development. The site benefits from frontage on multiple roads, with existing residential streets providing convenient access. Its location offers proximity to a grade school and shopping amenities. In addition to the crop land, the property includes two homes. Given the limited availability of residential lots in Lowell, this property presents a development or investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Wholesale Shop Daycare Center Carpet & Flooring Store Tailor Shop Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Lake
    State
    Indiana
    Longitude
    -87.418599
    Latitude
    41.258881

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    FAQs

    What type of property is this?
    Land - 193+/- acre residential development opportunity in Lowell, Indiana.
    Where is this land located?
    The property is located at 5920 Belshaw Rd Lowell, IN.
    What is the asking price?
    The asking price for this property is $4,920,000.
    What are key features of this property?
    This property features: - Prime location in the path of progress, ideal for residential development.; - Significant acreage (193+/- acres) offering substantial development potential.; - Frontage on two roads and access to several residential streets, facilitating expansion.
    (219) 696-2000
    Request Owner's contact information
    5920 Belshaw Rd Lowell, IN 46356
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    Lowell, IN 46356
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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
    5920 Belshaw Rd Lowell, IN 46356
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