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    OFF-MARKET
    Land

    6621 Melton Rd, Portage, IN 46368

    2.92 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.92-acre commercial lot, located at 6621 Melton Road in Portage, Indiana, presents a unique investment opportunity. Situated in Porter County and conveniently zoned for commercial use, this property boasts significant frontage on US Highway 20, ensuring high visibility and accessibility for any business. The single-tenant land parcel offers flexibility for various commercial ventures, making it ideal for quick-service restaurants (QSRs), government agency facilities, or retail establishments. The expansive lot size provides ample space for development and ample parking. The property's address is 6621 Melton Rd, Portage, IN 46368. Its geographical coordinates are 41.5988165 latitude and -87.1591001 longitude. The lot is available for sale or lease, with options including ground leases or build-to-suit arrangements. This strategic location, combined with its zoning and highway frontage, makes this property a compelling investment prospect for businesses seeking a high-traffic location in a thriving community. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property is designated as Commercial land with a single tenancy.

    Property profile
    Verified
    Property type Land
    Lot 2.92 ac (127,195 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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