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    4534 Us-20 La Porte, IN 46350

    Sponsored
    For Sale
    $700,000

    16 Acres, B2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15.94-acre commercial land parcel presents a remarkable investment opportunity in La Porte, Indiana. Located at 4534 US-20, this B2-zoned property boasts unparalleled accessibility and visibility, situated near Michigan City, La Porte, and South Bend, and minutes from the Michigan state line. The strategic location offers easy access via US Hwy 20, I-94, and the Indiana Toll Road, ensuring high traffic counts exceeding 25,000 vehicles daily. With 480 feet of road frontage, this site is ideal for a wide range of commercial developments, including retail centers, office complexes, hotels, or other ventures. The property is largely cleared, and sewer line tap-in credits are available, streamlining the development process and minimizing upfront costs. This is a rare chance to capitalize on a prime location in Indiana's thriving business environment. The asking price is $700,000. Don't miss this chance to build your business vision in a high-traffic, easily accessible location. The property's zoning allows for a variety of commercial uses, making it a versatile and attractive investment.

    Property Features for 4534 Us-20

    General Information

    Property type
    Land
    Lot Size
    694,346 SF

    HighLights

    • $700,000 asking price for 15.94 acres of commercial land.
    • B2 zoning.
    • Located at 4534 US‑20, La Porte, IN 46350, offering high visibility and accessibility near Michigan City, South Bend, and the Michigan state line.
    • 480 feet of road frontage and over 25,000 daily traffic counts.
    • Mostly cleared land with sewer tap‑in credits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    La Porte
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.7881995
    Latitude
    41.6904114

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    FAQs

    What type of property is this?
    Land - 16 Acres, B2 Zoning, High Traffic
    Where is this land located?
    The property is located at 4534 Us-20 La Porte, IN.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price for 15.94 acres of commercial land.; B2 zoning.; Located at 4534 US-20, La Porte, IN 46350, offering high visibility and accessibility near Michigan City, South Bend, and the Michigan state line.
    (219) 805-6754
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    4534 Us-20 La Porte, IN 46350
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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
    4534 Us-20 La Porte, IN 46350
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