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Property profile & analytics
OFF-MARKET
Land

0 Woodland Ave Michigan City, IN 46360

17.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 17.52-acre parcel in Michigan City, Indiana, presents a compelling investment opportunity. Zoned B-2, it offers significant potential for diverse commercial ventures, including industrial development, or even recreational uses. The property boasts approximately 250 feet of road frontage along S Woodland Ave, ensuring high visibility and convenient access. Its strategic location, just 550 yards south of the State Road 20 intersection, provides excellent connectivity and exposure to a substantial traffic flow. The expansive acreage allows for considerable flexibility in development plans, catering to a wide range of business needs. Beyond commercial applications, the land's size and natural attributes also lend themselves to recreational pursuits and wildlife habitat. The asking price is $329,900. This property is situated in LaPorte County, Indiana, with a zip code of 46360. Given its size, zoning, and location, this land represents a rare opportunity for significant return on investment. The property is ideal for developers seeking a prime location for a variety of commercial uses, or for those seeking a large tract of land with recreational potential. The combination of commercial viability and recreational possibilities makes this a truly unique offering. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 17.52 ac (763,171 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
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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