Commercial Land on a Highway
New
For Sale
$2,000,000
5016 Melton Rd, Portage, IN 46368
A commercial site with a nearby traffic signal and connections to I-94 and the Indiana Toll Road.
Property Size408 SF
Price / SF$4,901
Days on Market7
Property Features for 5016 Melton Rd
General Information
Standard status
Active
Size
408 SF
Property subtype
Commercial
Building Details
Year Built
1988
Listing Agency:
Listing Leaders Stately, LLC
Listed By:
Tiffany Wallen
(219) 241-6087
Source:
Illianahomesource
Added: Sep 29
Changed: Oct 4
Last Checked: Oct 5 at 7:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Listing Leaders Stately, LLC
Investment Insights
Based on property information with market context.
This commercial parcel encompasses nearly 2 acres along Melton Road, also designated US-20. The site sustained storm damage; some property images show its pre-storm condition. The location previously housed Depot Dog for 37 years, a history that may be relevant to future plans for the property.
Daily traffic is estimated at 10,500–13,500 vehicles passing the site. A traffic light is located nearby, and I-94 and the Indiana Toll Road are a short drive away. The property is in Portage, within a region that includes Lake Michigan, beaches, industrial uses, and residential communities.
Daily traffic is estimated at 10,500–13,500 vehicles passing the site. A traffic light is located nearby, and I-94 and the Indiana Toll Road are a short drive away. The property is in Portage, within a region that includes Lake Michigan, beaches, industrial uses, and residential communities.
Key Highlights
- Nearly 2 acres along Melton Road/US‑20
- 10,500‑13,500 vehicles pass the site daily
- Traffic light near the property
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
118k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 55%
Dining 39%
Hotels & Casinos 4%
Shops & Services 3%
Bass Pro Shops
Apparel
64,644 visits/mo
0.5 miles
LongHorn Steakhouse
Dining
15,927 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,627 visits/mo
0.1 miles
Hooters
Dining
9,748 visits/mo
0.4 miles
Denny's
Dining
8,074 visits/mo
0.1 miles
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - A commercial site with a nearby traffic signal and connections to I-94 and the Indiana Toll Road.
Where is this commercial land located?
The property is located at 5016 Melton Rd Portage, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Nearly 2 acres along Melton Road/US‑20; 10,500‑13,500 vehicles pass the site daily; Traffic light near the property
