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    4755 Range Rd La Porte, IN 46350

    For Sale
    $1,624,000

    56 Acres, New Prairie Schools, I-80/90 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 56.31-acre parcel presents a unique opportunity for residential development in La Porte, Indiana. Situated in the desirable New Prairie School district, this property offers convenient access to major transportation arteries. The land is comprised of six undeveloped parcels, ideally positioned adjacent to the established Hunter's Run subdivision, ensuring seamless integration into the existing community. Its strategic location off Highway 20 provides easy commuting, while proximity to the Indiana Toll Road (I-80/90) exit ensures effortless regional connectivity. For those seeking recreational pursuits, the allure of New Buffalo Beach is just over ten minutes away. The asking price for this expansive tract is $1,624,000. The property's address is 4755 N Range Rd, La Porte, IN 46350, located in LaPorte County. This substantial acreage presents a compelling investment prospect for developers seeking to capitalize on the growing demand for residential properties in this highly sought-after area. The land's size and location offer significant potential for a variety of residential projects, catering to a diverse range of housing needs. Detailed surveys and zoning information are readily available upon request. This is a rare opportunity to acquire a large, well-situated parcel of land in a thriving community.

    Property Features for 4755 Range Rd

    General Information

    Property type
    Land
    Lot Size
    2,452,864 SF

    HighLights

    • $1,624,000 asking price.
    • 56.31‑acre land parcel.
    • Located in La Porte, Indiana, 46350.
    • Residential land zoned for New Prairie Schools.
    • Convenient access to Highway 20 and I‑80/90 Indiana Toll Road.
    • Minutes from New Buffalo Beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Hotel & Motel Pawn Shop Bed & Breakfast Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Porte
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.697361
    Latitude
    41.675796

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    FAQs

    What type of property is this?
    Land - 56 Acres, New Prairie Schools, I-80/90 Access
    Where is this land located?
    The property is located at 4755 Range Rd La Porte, IN.
    What is the asking price?
    The asking price for this property is $1,624,000.
    What are key features of this property?
    This property features: $1,624,000 asking price.; 56.31-acre land parcel.; Located in La Porte, Indiana, 46350.
    (574) 250-5024
    Request Owner's contact information
    4755 Range Rd 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
    4755 Range Rd La Porte, IN 46350
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