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    OFF-MARKET
    Land

    0 Melton Rd, Portage, IN 46368

    4.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.8-acre vacant land parcel presents a remarkable opportunity for commercial or industrial development in Portage, Indiana. Strategically located on US 20/Melton Road, this property boasts over 380 feet of frontage, providing unparalleled visibility and accessibility. Situated directly across from the south entrance to Ameriplex at the Port, it benefits from high traffic volume, with an estimated 15,000 vehicles passing daily. The C1 Commercial zoning allows for a wide range of business applications, making it ideal for various commercial ventures. The site is exceptionally well-prepared for immediate development; it's level, and all utilities are readily available. Its convenient location just south of Jensen Drive further enhances its appeal. This property offers significant potential for investors seeking a high-traffic, readily developable site in a thriving commercial corridor. The asking price is $300,000. Don't miss this chance to secure a prime piece of real estate in a rapidly growing area. The property is located in Porter County, Indiana, with the address listed as 0 Melton Road, Portage, IN 46368.

    Property profile
    Verified
    Property type Land
    Lot 4.8 ac (209,088 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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