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    OFF-MARKET
    Land

    0 Seq Sterling & Willowcreek, Portage, IN 46368

    6.55 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.55-acre commercial land parcel presents a remarkable investment opportunity in Portage, Indiana. Located on the south side of Sterling Creek, this site boasts a prime location, zoned PUD (Planned Unit Development) within the Sterling Creek development, and is approved for multi-family construction. All utilities are readily available, making this a truly site-ready property. Its strategic position west of the intersection of Route 6 and Willowcreek Road offers unparalleled accessibility and visibility. The property is conveniently situated just one block from Portage Hospital and a short 2.5-mile drive from Interstate 94, ensuring excellent connectivity to regional transportation networks. Willowcreek Road experiences high traffic volume, with approximately 4,500 vehicles passing daily, providing significant exposure for any development. The parcel number is 64-05-176-021, and estimated annual property taxes are $350. This exceptional offering is priced at $1,499,000. The property's strategic location, combined with its site-ready condition and multi-family approvals, makes it an ideal platform for a variety of commercial ventures. Detailed information and site plans are available upon request.

    Property profile
    Verified
    Property type Land
    Lot 6.55 ac (285,318 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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