6035 Lute Rd, Portage, IN 46368
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.