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    5979 Mccasland Ave Portage, IN 46368

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    For Sale
    $728,000

    Six-unit office/retail building with leases and off-street parking.

    Property size:
    8,000 SF
    Lot size:
    0.75 Acres

    Property Features for 5979 Mccasland Ave

    General Information

    Size
    8,000 SF
    Lot size
    0.75 Acres

    Source: McColly Bennett Commercial Advantage - Valparaiso Agent Bill Rathjen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office/Retail Building with Recent Upgrades

    This is a six-unit office/retail building featuring a facade upgrade and a roof that is 80% new. Two units have leases extending into 2027, while two others expire in May 2025. Currently, two units are vacant. Dedicated off-street parking is available. The property is located 750 feet south of the Indiana Toll Road exit at Willowcreek. The building has a total size of 8,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NED REALTY LLC Real Estate Agency Mc Casland Plaza Shopping Mall

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Porter
    State
    Indiana
    Longitude
    -87.181889
    Latitude
    41.581905

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    FAQs

    What type of property is this?
    Office building - Six-unit office/retail building with leases and off-street parking.
    Where is this office building located?
    The property is located at 5979 Mccasland Ave Portage, IN.
    What is the asking price?
    The asking price for this property is $728,000.
    What are key features of this property?
    This property features: - 6-unit office/retail building; - Facade upgrade enhances curb appeal; - 80% new roof provides peace of mind
    (219) 313-5236
    Request Owner's contact information
    5979 Mccasland Ave Portage, IN 46368
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    Portage, IN 46368
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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
    5979 Mccasland Ave Portage, IN 46368
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