Property profile

5060 Us-6 Portage, IN 46368

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 51-acre parcel presents a unique commercial development opportunity in Portage, Indiana. Strategically located adjacent to Portage's 33-acre Countryside Park, the property offers direct access to the Prairie Duneland Trail System, enhancing its appeal and accessibility. Its proximity to Portage's main retail corridor (within 2 miles) provides convenient access to a wide array of amenities, including grocery stores, shopping centers, dining establishments, entertainment venues, and medical facilities. The property benefits from being within the Portage Township School District and enjoys the convenience of readily available city services. Furthermore, its location near the Indiana Dunes National Lakeshore and other natural attractions in Porter County adds to its desirability. City of Portage utilities are already in place, simplifying the development process. The City of Portage has also expressed preliminary support for patio home development concepts, suggesting a viable path for future projects. This expansive tract of land offers significant potential for a variety of commercial ventures, capitalizing on its prime location and attractive surroundings. The property's address is 5060 US-6, Portage, IN 46368.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5060 Us-6 Portage, IN 46368
Portage metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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