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    OFF-MARKET
    Land

    6035 Lute Rd, Portage, IN 46368

    0.97 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.97-acre commercial land parcel in Portage, Indiana, presents a unique opportunity for immediate development. Located at 6035 Lute Rd, this pad-ready site boasts a convenient location, offering unparalleled access to major transportation arteries. It's situated just off the well-lit intersection of Willowcreek Road, adjacent to a Chase Bank branch, ensuring high visibility and accessibility for your business. The property is fully graded and equipped with all necessary utilities, including a pre-installed curb cut and access road. The C-1 zoning allows for a diverse range of uses, including office, retail, auto-related services (such as car washes or gas stations), and medical facilities. A detailed permitted use matrix is available upon request. Its strategic location provides easy access to US Highway 6 (0.5 miles), the I-90 interchange (0.7 miles), and the I-94 interchange (3.1 miles), making it an ideal location for businesses seeking convenient access to regional transportation networks. The property's APN is 64-05-24-301-002.000-016. The asking price for this exceptional opportunity is $144,900. Don't miss this chance to secure a prime commercial location in a thriving area.

    Property profile
    Verified
    Property type Land
    Lot 0.97 ac (42,253 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
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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