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32-Acre Development Opportunity in Portage
For Sale
$1,850,000

Willowcreek & Portage Ave Road, Portage, IN 46368

LAND - Portage, IN

Property SizeContact for details
Lot Size32.49 Acres
Days on Market159

Property Features for Willowcreek & Portage Ave Road

General Information

Property type Land
Property subtype Other
Lot features Wooded
High school Portage High School
Elementary school district Portage Township
Middle school district Portage Township
High school district Portage Township
Directions Willowcreek and Central Ave, go north on Willowcreek to the turning lane onto Portage Ave. Property is on the southside of Portage Ave and east of Willowcreek bypass.
Standard status Active
APN 640512301002000016
Lot size 32.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3141
Listing Agency: RE/MAX Lifestyles · RE/MAX International
Listed By: Matt Evans · License #RB14034485
Added: Mar 6 Changed: May 13 Last Checked: Aug 12 at 12:06PM
MLS# 835173

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This offering features approximately 32 acres of land suitable for an Interstate Highway Commercial and Mixed Use Residential lifestyle development. The assemblage of parcels benefits from a variety of current zoning designations, including CH, R2, and M1. The property is located on I-90 and Willowcreek Bypass at Portage Avenue, adjacent to the Dunewood Trails single-family housing development and just north of the Portage Toll Road exit. Conceptual plans include a possible future roundabout for new access, in coordination with the City of Portage within a TIF setting. High traffic volume is observed, with Willowcreek recording 15,000 vehicles per day and I-80/90 registering 35,000 vehicles per day in 2024. A proforma ALTA survey has been completed. The property comprises a total of 8 county APNs. Prospective buyers should independently verify zoning regulations, intended use, and development plans with the City of Portage, as well as confirm utility services with NIPSCO, Portage, and Indiana American Water, among others.

Key Highlights

  • 32+- acre site ideal for commercial and residential development.
  • Prime location on I‑90 and Willowcreek Bypass with high traffic counts (I‑80/90: 35K VPD, Willowcreek: 15K VPD).
  • Variety of current zoning (CH, R2, and M1) offering flexible development options.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby

Demographics for 46368, IN

39,837
Population
16,870
Households
2.4
Avg Household Size
39
Median Age
18%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
1,575
Density / Sq Mi
$72,638
Median Household Income
$42,508
Median Earnings
$1,140
Median Rent
$213,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime commercial and residential development land near I-90.
Where is this commercial land located?
The property is located at Willowcreek & Portage Ave Road Portage, IN.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 32+- acre site ideal for commercial and residential development.; Prime location on I‑90 and Willowcreek Bypass with high traffic counts (I‑80/90: 35K VPD, Willowcreek: 15K VPD).; Variety of current zoning (CH, R2, and M1) offering flexible development options.
More about this property
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