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    3985 400 Michigan City, IN 46360

    • Land
    • 3.89 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3985 400

    Lot size
    3.89 lot acres
    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    Laporte
    State
    Indiana
    Longitude
    -86.8835
    Latitude
    41.6658

    Comparable in this City

    • Value Estimation by Request

      326 Us-20

      Land
      326 Us-20, Michigan City, IN 46360
      View Details
    • Value Estimation by Request
      14.25 Acres

      I-94 & Us 421 @ Us Hwy

      Land • 14.25 Acres
      I-94 & Us 421 @ Us Hwy, Michigan City, IN 46360
      View Details
    • Value Estimation by Request

      Us-20

      Land
      0 Us-20, Michigan City, IN 46360
      View Details
    • Value Estimation by Request
      5.38 Acres

      431 St John Rd

      Land • 5.38 Acres
      431 St John Rd, Michigan City, IN 46360
      View Details
    • Value Estimation by Request
      5.38 Acres

      430 St John Rd

      Individual retail properties • 15,979 SF
      430 St John Rd, Michigan City, IN 46360
      View Details
    • Value Estimation by Request
      0.82 Acres

      Franklin St

      Land • 0.82 Acres
      0 Franklin St, Michigan City, IN 46360
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14.25 Acres

      I-94 & US 421 Commercial Land

      14.25 Acres, Michigan City, IN
      I-94 & Us 421 @ Us Hwy, Michigan City, IN 46360
      View Details
    • $277,820
      5.80 Acres

      Michigan City Commercial Land

      5.8 Acres, Prime Location, B-1 Zoning
      20 And Us 35, Michigan City, IN 46360
      View Details
    • Contact for pricing
      1.20 Acres

      Michigan City Commercial Land

      1.2-Acre Development Site, Prime Location
      4421 Franklin St, Michigan City, IN 46360
      View Details
    • $1,600,000

      High-Visibility Michigan City Land

      Prime 3.5-acre commercial lot with existing motel.
      326 Us-20, Michigan City, IN 46360
      View Details
    • $1,275,000
      19.89 Acres

      Michigan City Commercial Land

      Prime 20-acre commercial lot, ideal for development.
      9506 Pahs Rd, Michigan City, IN 46360
      View Details
    • $292,190
      6.10 Acres

      6.1-Acre Commercial Land Parcel

      Prime Development Site, Michigan City, IN
      20 & Us 35, Trail Creek, IN 46360
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,350 SF

      Franklin Street Station Retail

      Prime Michigan City retail space available.
      1073 Pine St, Michigan City, IN 46360
      View Details
    • $9 SF/Yr

      Retail Space Near Highway 80/94

      Retail space with open floor plan and high visibility.
      3207 Franklin St -, Michigan City, IN 46360
      View Details
    • Contact for pricing
      1,360 SF

      Retail Space on Franklin Street

      Retail spaces available on heavily trafficked US Highway 421.
      5330-5360 Franklin St, Michigan City, IN 46360
      View Details
    • $5 SF/Yr
      50,600 SF

      Prime Michigan City Flex Space

      50,000 SF Warehouse/Flex Available
      432 St John Rd, Michigan City, IN 46360
      View Details
    • $9 SF/Yr
      28,750 SF

      Prime Retail Space, La Porte County

      5,756 SF Available, High Traffic Area
      3207 Franklin St, Michigan City, IN 46360
      View Details
    • $21,730
      21,730 SF

      Mixed-Use Property in Michigan City

      Desirable mixed-use property suitable for offices, retail, or apartments.
      710 Franklin St, Michigan City, IN 46360
      View Details
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    3985 400
    Michigan City, IN 46360
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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
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