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    80 +/- Acre Income Potential And Development Property Crown Point, IN 46307

    Sponsored
    For Sale
    $2,395,000

    80 Acres, High Income Potential, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 80+/- acre commercial property in Crown Point, Indiana presents a unique blend of immediate income potential and significant long-term development opportunities. Located in Lake County, this expansive parcel offers approximately 48 acres of potentially tillable land, ideal for agricultural income generation. The property's strategic location provides excellent visibility and accessibility, boasting impressive road frontage on paved Grand Boulevard and convenient proximity—approximately one mile—to US 30. Zoned for both residential and commercial development, this land offers considerable flexibility for a variety of uses, catering to investors and developers seeking to capitalize on the area's growth. The property's APN is 45-13-29-151-001.000-030. This is a rare opportunity to acquire a large tract of land with immediate income potential and substantial future development upside in a thriving Indiana community. The asking price is $2,395,000. This prime location and versatile zoning make this an exceptional investment prospect. Don't miss this chance to secure a significant land holding in a rapidly developing area.

    Property Features for 80 +/- Acre Income Potential And Development Property

    General Information

    Property type
    Land
    Lot Size
    3,484,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Crown Point
    County
    Lake
    State
    Indiana
    Longitude
    -87.3214908
    Latitude
    41.3901576

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    FAQs

    What type of property is this?
    Land - 80 Acres, High Income Potential, Development Ready
    Where is this land located?
    The property is located at 80 +/- Acre Income Potential And Development Property Crown Point, IN.
    What is the asking price?
    The asking price for this property is $2,395,000.
    (574) 870-4383
    Request Owner's contact information
    80 +/- Acre Income Potential And Development Property Crown Point, IN 46307
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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
    80 +/- Acre Income Potential And Development Property Crown Point, IN 46307
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