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    OFF-MARKET
    Land

    5000 Us-6, Portage, IN 46368

    68 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 68-acre property presents a unique investment opportunity in Portage, Indiana. Strategically located at the intersection of Route 6 and County Line Road, this land boasts significant development potential. The property's frontage along Route 6 is zoned for commercial retail use, offering high visibility and accessibility for businesses. This section is ideal for a variety of commercial ventures, capitalizing on the high traffic count of this major thoroughfare. Meanwhile, the northern portion of the property is zoned residential, providing the opportunity to develop 92 lots already platted for senior housing duplexes. This presents a significant opportunity to address the growing demand for senior living accommodations in the area. The diverse zoning allows for a mixed-use development, combining commercial and residential components for a synergistic and profitable project. The property's size and location make it an attractive prospect for developers seeking a large-scale project with both immediate and long-term returns. Detailed zoning information and development plans are available upon request. This is a rare chance to acquire a substantial parcel of land in a prime location with exceptional potential for significant returns. Don't miss this opportunity to shape the future of this thriving community. The property address is 5000 US-6, Portage, IN 46368, located in Porter County.

    Property profile
    Verified
    Property type Land
    Lot 68 ac (2,962,080 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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