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    Coffee Creek Rd Chesterton, IN 46304

    Sponsored
    For Sale
    Contact for pricing

    Prime Coffee Creek development sites.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional offering presents a diverse portfolio of commercial land parcels in the thriving Coffee Creek area of Chesterton, Indiana, within Porter County (zip code 46304). The property encompasses various development sites, ranging from half-acre lots ideal for smaller businesses to expansive tracts exceeding 50 acres suitable for large-scale projects. Several options are available, including the Matson Extension lots (lots 12, 25, 26, 27, and 28), ranging from 0.5 to 2 acres, priced between $205,000 and $225,000. Larger parcels are also available: approximately 11.5 acres in North Coffee Creek are priced at $10 per square foot; approximately 20 acres in Phase B are priced at $8 per square foot; and approximately 37 acres in Phase C are offered at $7,000,000. A significant 50-acre parcel on 200 E is available for $940,000. These sites are part of the Coffee Creek Planned Unit Development (PUD), offering streamlined development processes. The Matson Extension lots were specifically designed for shovel-ready development, allowing for quick occupancy by retail, restaurant, office, and medical users. The larger parcels provide opportunities for multifamily developments. Shared detention and wetland areas are incorporated into the overall plan. The property's strategic location and diverse lot sizes cater to a wide range of development needs and investment strategies. Buildable acreage totals over 15 acres, with approximately 5.4 acres immediately buildable.

    Property Features for 0 Coffee Creek Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Multiple parcels available in Coffee Creek, Chesterton, IN, ranging from 0.5 to 50 acres.
    • Lots ideal for mixed‑use development, including retail, restaurant, office, and medical uses.
    • Several parcels available, including those within the Matson Extension (Lots 12, 25‑28), North Coffee Creek, and Phases B & C of the 1st Addition.
    • Lots range in size from 1 acre and pricing varies by parcel size and location.
    • Part of the Coffee Creek Planned Unit Development (PUD).
    • Shared detention/wetlands system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chesterton
    County
    Porter
    State
    Indiana
    Longitude
    -87.0424393
    Latitude
    41.6231139

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    FAQs

    What type of property is this?
    Land - Prime Coffee Creek development sites.
    Where is this land located?
    The property is located at Coffee Creek Rd Chesterton, IN.
    What are key features of this property?
    This property features: Multiple parcels available in Coffee Creek, Chesterton, IN, ranging from 0.5 to 50 acres.; Lots ideal for mixed-use development, including retail, restaurant, office, and medical uses.; Several parcels available, including those within the Matson Extension (Lots 12, 25-28), North Coffee Creek, and Phases B & C of the 1st Addition.
    Request Owner's contact information
    Coffee Creek Rd Chesterton, IN 46304
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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

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    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
    Coffee Creek Rd Chesterton, IN 46304
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