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Property profile

0 Us-20 Porter, IN 46304

OFF-MARKET
Land
12.86 ac lot
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Property summary

AI-generated overview

This exceptional 12.86-acre commercial land parcel is ideally situated in Porter, Indiana, just off US-20 and IN-49. Boasting a B-3 zoning designation, this property offers unparalleled versatility for a wide range of commercial developments, including retail, office, restaurant, hotel, and entertainment ventures. The site features over 650 feet of frontage along US-20, ensuring high visibility and significant traffic exposure. Its prime location benefits from easy access to major highways and proximity to the thriving Northwest Indiana region, attracting approximately 5 million annual visitors to the nearby Indiana Dunes National Park. This presents a remarkable investment opportunity for businesses seeking to capitalize on the area's robust growth and substantial tourism. The asking price is $795,000. This property is a rare find, offering a unique blend of location, zoning, and size, making it an exceptional opportunity for commercial development. The 46304 zip code further underscores its strategic position within a dynamic and expanding market.

Property profile

Verified
Property type Land
Lot 12.86 ac (560,182 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-20 Porter, IN 46304
Porter metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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