Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    I-94 & Us 421 @ Us Hwy 421 Michigan City, IN 46360

    Sponsored
    For Sale
    Contact for pricing

    14.25 Acres, Michigan City, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 14.25-acre commercial land parcel presents a prime investment opportunity in LaPorte County, Indiana. Strategically located at the intersection of I-94 and US-421, this property offers unparalleled visibility and accessibility. Situated within the LifeWorks Business Park, a 40-acre master-planned development, this site benefits from a vibrant mix of planned hospitality, retail, office, and medical spaces. The property boasts I-94 and US-421 frontage, ensuring high traffic exposure. City-provided utilities simplify development, and the adjacency to the new 120-bed Franciscan St. Anthony Hospital further enhances its appeal. The asking price ranges from $231,000 to $3,774,250, with a price per acre ranging from $175,000 to $300,000. This location at the gateway to Michigan City, combined with the planned amenities and attractive design of LifeWorks Business Park, makes this a truly exceptional opportunity for commercial development. The property's size and location within this thriving business park offer significant potential for a variety of commercial ventures. This is a rare chance to secure a prominent position in a rapidly growing area.

    Property Features for I-94 & Us 421 @ Us Hwy 421

    General Information

    Property type
    Land
    Lot Size
    620,730 SF

    HighLights

    • Asking Price: $231,000 - $3,774,250
    • Price Per Acre: $175,000 - $300,000
    • Adjacent to Franciscan St. Anthony Hospital (120 beds)
    • City‑provided utilities
    • Prime location at I‑94 and US‑421 intersection in Michigan City
    • I‑94 and US‑421 frontage available
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.8933031
    Latitude
    41.6581322

    Nearby Similar for Sale

    • $620,000
      2,881 SF

      Commercial Space in Downtown

      Adaptable commercial space in the heart of Michigan City.
      600 Wabash St, Michigan City, IN 46360
      View Details
    • $300,000
      0.28 Acres

      Michigan City Investment Property

      Four-unit multifamily property in Michigan City, Indiana.
      401 E Garfield St, Michigan City, IN 46360
      View Details
    • $1,600,000
      21,730 SF

      Mixed-Use Property Near Chicago Train

      Mixed-use property near train to Chicago with development potential.
      710 Franklin St, Michigan City, IN 46360
      View Details
    • $2,000,000
      34,574 SF

      Truck Terminal and Dispatch Site

      10-acre truck terminal with three buildings for sale.
      20 1111, Michigan City, IN
      View Details
    • $2,698,000
      79,052 SF

      Versatile Sports Complex for Sale

      79,052 SF sports complex adaptable to industrial uses.
      301 W Kieffer Rd, Michigan City, IN 46360
      View Details
    • $3,250,000
      50,600 SF

      Michigan City Retail/Industrial Opportunity

      50,000+ sq. ft. building on 7.285 acres for sale.
      432 Saint John Rd, Michigan City, IN 46360
      View Details
    • $1,125,000
      3,955 SF

      Michigan City Commercial Property For Sale

      Commercial property with ample parking and highway frontage available for sale.
      402 W Us Highway 20, Michigan City, IN 46360
      View Details
    • $1,000,000
      2,350 SF

      Turn Key Retail Space ForSale

      Retail space with equipment and upper level residence for sale.
      909 Franklin St, Michigan City, IN 46360
      View Details
    • $1,200,000
      6,400 SF

      Established Sports Bar for Sale

      Full-service sports bar with licenses and outdoor patio.
      204 W Barker Ave, Michigan City, IN 46360
      View Details
    • $3,250,000

      Michigan City Retail/Industrial Opportunity

      50,000+ sq. ft. retail/industrial building on 7.285 acres.
      432 St. John Rd, Michigan City, IN 46360
      View Details
    • $1,900,000
      21,000 SF

      Michigan City Warehouse - $1.9M

      21,000 SF Warehouse, 6 Units, Indiana
      205 Woodcreek Dr, Michigan City, IN 46360
      View Details
    • $999,000
      10,049 SF

      Michigan City Flex Space Investment

      10,049 SF Flex Space, $999,000
      1409 Franklin St, Michigan City, IN 46360
      View Details

    FAQs

    What type of property is this?
    Land - 14.25 Acres, Michigan City, IN
    Where is this land located?
    The property is located at I-94 & Us 421 @ Us Hwy 421 Michigan City, IN.
    What are key features of this property?
    This property features: Asking Price: $231,000 - $3,774,250; Price Per Acre: $175,000 - $300,000; Adjacent to Franciscan St. Anthony Hospital (120 beds)
    Request Owner's contact information
    I-94 & Us 421 @ Us Hwy 421 Michigan City, IN 46360
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    I-94 & Us 421 @ Us Hwy 421
    Michigan City, IN 46360
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    I-94 & Us 421 @ Us Hwy 421 Michigan City, IN 46360
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.