20 And Us 35 Michigan City, IN 46360
- Land
- 5.80 lot acres
Current Use by Public Records
- Land
Property Details for 20 And Us 35
- Lot size
- 5.80 lot acres
- Property type
- Land
Description
This exceptional 5.8-acre commercial land parcel, located in Michigan City, Indiana, presents a unique development opportunity. Situated at the intersection of US 20 and US 35, this property boasts convenient access to Indiana Highway 212 and is less than a mile from the US 20/I-94 interchange. The site benefits from its strategic location within a Tax Increment Financing (TIF) District, offering potential tax advantages. Zoned B-1, the land allows for a variety of uses, including industrial, manufacturing, retail, office, and agricultural development. The property's proximity to the Michigan City Airport and South Shore Freight Line Railroad provides significant logistical advantages. Furthermore, its location within a 15-minute drive of major manufacturing and technology projects in New Carlisle, IN, enhances its appeal. The high daily traffic counts on US 20/US 35 (24,000-25,000 vehicles) and the proximity to I-94, a major Midwest transportation artery, underscore the property's exceptional potential for a variety of commercial uses, including large-scale warehousing or distribution facilities. The South Shore Freight Railroad borders the property, offering potential rail service. The property consists of three separate parcels ready for immediate development. This location offers easy access to local amenities such as Blue Chip Casino, Lighthouse Place, and a primary hospital. The asking price is $277,820. The APN is 46-01-36-301-003.000-022.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Michigan City
- County
- LaPorte
- State
- Indiana
- Longitude
- -86.8049
- Latitude
- 41.6929
