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Commercial Land on High-Traffic Corridor
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860 W Michigan St, New Carlisle, IN 46552

10.05-acre commercial development opportunity in New Carlisle, Indiana.

Property SizeContact for details
Lot Size10.05 Acres
Days on Market1507

Property Features for 860 W Michigan St

General Information

Standard status Active
Lot size 10.05 Acres
Property subtype Land
Zoning LB- Local Business
Listing Agency: NAI Cressy - Mishawaka
Listed By: Roy Roelke · License #IN RB14051091
Source: Crexi
Added: Jul 7, 2022 Changed: Aug 8 Last Checked: Aug 21 at 9:20AM

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 NAI Cressy - Mishawaka

Investment Insights

Based on property information with market context.

This commercial development opportunity encompasses approximately 10.05 acres with curb-cut and frontage on both W. Michigan Street (US 20) and County Line Road. The property is bordered by a high-traffic road with significant traffic volume from both Indiana and Michigan. It is located on the west side of downtown New Carlisle, along a high-traffic commercial corridor near a Phillips 66 gas station, Dollar General, 1st Source Bank, and CVS Pharmacy. The location is approximately 183 feet from the LaPorte County line. The immediate neighborhood includes commercial, industrial, businesses, residential single-family development, a public park, and a school. Zoned LB-Local Business, the property allows for a wide range of uses, including retail, recreational, automobile sales, service/repair, ATMs, banks, credit unions, assisted living facilities, clinics, bars/taverns, car washes, convenience stores, grocery stores, hospitality venues, and restaurants. New Carlisle is a growing community approximately 20 miles from downtown South Bend, strategically located near railway lines, US 20, major electric lines, and the Kankakee Aquifer System. Two large industrial companies will soon be locating in the New Carlisle area and will employ over 4,000 personnel.

Key Highlights

  • High‑traffic location with frontage on W. Michigan Street (US 20) and County Line Road, bordering a high‑traffic road.
  • Zoned LB‑Local Business, allowing for a wide range of commercial uses.
  • Proximity to two large industrial companies soon locating in New Carlisle, employing over 4,000 personnel.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Electrical Service Hair Salon Furniture & Home Goods Grocery & Convenience Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 46552, IN

6,478
Population
2,981
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
63.9 sq mi
ZIP Area
101
Density / Sq Mi
$79,464
Median Household Income
$53,849
Median Earnings
$811
Median Rent
$211,500
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 10.05-acre commercial development opportunity in New Carlisle, Indiana.
Where is this commercial land located?
The property is located at 860 W Michigan St New Carlisle, IN.
What are key features of this property?
This property features: High‑traffic location with frontage on W. Michigan Street (US 20) and County Line Road, bordering a high‑traffic road.; Zoned LB‑Local Business, allowing for a wide range of commercial uses.; Proximity to two large industrial companies soon locating in New Carlisle, employing over 4,000 personnel.
(574) 271-4060 Call to check price and availability
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