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Commercial Land Near Toll Road
For Sale
$1,850,000

Willowcreek & Portage Ave Road, Portage, IN 46368

Land, Portage, IN

Property SizeContact for details
Lot Size32.49 Acres
Days on Market213

Property Features for Willowcreek & Portage Ave Road

General Information

Property type Land
Property subtype Other
Lot features Wooded
High school Portage High School
Elementary school district Portage Township
Middle school district Portage Township
High school district Portage Township
Directions Willowcreek and Central Ave, go north on Willowcreek to the turning lane onto Portage Ave. Property is on the southside of Portage Ave and east of Willowcreek bypass.
Standard status Active
APN 640512301002000016
Lot size 32.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3141
Listing Agency: RE/MAX Lifestyles · RE/MAX International
Listed By: Matt Evans · License #RB14034485
Added: Mar 6 Changed: Aug 27 Last Checked: Oct 5 at 7:06PM
MLS# 835173

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 32.491-acre commercial land assemblage includes eight county APNs, with six represented on a completed pro forma ALTA survey. The parcels carry CH, R2, and M1 zoning designations, creating a varied land-use profile that should be confirmed with the City of Portage before pursuing development plans. Utility availability should also be verified with NIPSCO, the City of Portage, and Indiana American Water, among others.

The property is positioned along Willowcreek Bypass and Portage Avenue near I-80/90 and the Portage Toll Road exit. Reported 2024 traffic volumes are 15,000 VPD on Willowcreek and 35,000 VPD on I-80/90. The land is adjacent to the Dunewood Trails single-family housing development. A future roundabout has been discussed in concept design with the City of Portage, but any new access remains subject to confirmation.

Key Highlights

  • 32.491 acres of commercial land
  • Eight county APNs; six are included on the completed pro forma ALTA survey
  • Current zoning includes CH, R2, and M1

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby

Demographics for 46368, IN

39,837
Population
16,870
Households
2.4
Avg Household Size
39
Median Age
18%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
1,575
Density / Sq Mi
$72,638
Median Household Income
$42,508
Median Earnings
$1,140
Median Rent
$213,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with multiple zoning designations and frontage along Willowcreek Bypass and Portage Avenue.
Where is this commercial land located?
The property is located at Willowcreek & Portage Ave Road Portage, IN.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 32.491 acres of commercial land; Eight county APNs; six are included on the completed pro forma ALTA survey; Current zoning includes CH, R2, and M1
More about this property
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