Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Lenburg Rd Portage, IN 46368

    For Sale
    $600,000

    LAND - Portage, IN

    Lot size:
    67.73 Acres
    Days on Market:
    85
    Last Refresh:
    Dec 12 at 9:06 am

    Property Features for Lenburg Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    640608451001000016
    Lot size
    67.73 Acres

    NWI Pro Services Inc. dba RE/MAX Lifestyles (219) 241-8401 [email protected]

    Listing agent Matt Evans (219) 241-8401

    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

    Portage Land with Varied Terrain

    This 67.73-acre property in Portage, Indiana, features a mix of agricultural ground and wooded sections, offering potential for various uses. A portion of the land consists of floodplain along Salt Creek. Access to the property is provided through an easement and a strip of land off Lenburg Road, situated near the lift station for Portage Sanitation. Approximately 58 acres are estimated to be usable, with around 10 acres in low-lying or floodplain areas; buyer to verify these measurements. The property is located along the southeast side of the Prairie Duneland Trail. Zoned R1 in the City of Portage, IN, the land requires a cash purchase, commercial loan, or agricultural loan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Map

    City
    Portage
    County
    Porter
    State
    Indiana
    Longitude
    -87.130065
    Latitude
    41.586169

    Nearby Similar for Sale

    • $249,900
      Pending

      Portage Two-Unit Investment Property

      Two-unit property in Portage with updated interiors and long-term leases.
      5172 Central Ave, Portage, IN 46368
      View Details
    • $425,000
      3,360 SF

      Mixed-Use Building with Residential Unit

      Mixed-use property featuring office space, warehouse, and residential unit.
      2593 Hamstrom Rd, Portage, IN 46368
      View Details
    • New
      $199,000
      Pending

      Portage Office Building For Sale

      Office building in high-traffic location, currently rented month-to-month.
      6195 Central Ave, Portage, IN 46368
      View Details
    • $295,000
      Pending

      High-Visibility Portage Office Building

      2,100 sq ft office building in thriving business corridor.
      3437 Airport Rd, Portage, IN 46368
      View Details
    • $2,983,870

      New Construction Starbucks Investment Opportunity

      New construction Starbucks in Chicago MSA with long-term lease.
      6051 Central Ave, Portage, IN 46368
      View Details
    • $299,000
      793 SF

      Waterfront Condo with Stunning Views

      Serene 1-bedroom waterfront condo with luxurious living and amazing location.
      6009 S Dune Harbor Dr, Portage, IN 46368
      View Details

    FAQs

    What type of property is this?
    Land - 67.73 acres of agricultural and wooded land in Portage.
    Where is this land located?
    The property is located at Lenburg Rd Portage, IN.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - 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.
    (219) 241-8401
    Request Owner's contact information
    Lenburg Rd Portage, IN 46368
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lenburg Rd
    Portage, IN 46368
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Lenburg Rd Portage, IN 46368
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.