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Property profile & analytics
OFF-MARKET
Land

1107 Franklin St Michigan City, IN 46360

Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire eight contiguous commercial lots ideally situated in Michigan City, Indiana, totaling approximately [Area not provided, cannot be calculated from the given data]. These lots are zoned CBD1, providing flexibility for a variety of commercial developments. The property boasts convenient access to the South Shore double track, currently under construction, promising enhanced connectivity and increased property value. Included in the sale are several vacated alleys, adding to the overall usable land area. The lots are paved and ready for immediate development. Specific lot APNs included in this offering are: 46-01-29-009.000-022, 46-01-29-466-010.000-022, 46-01-29-466-013.000-022, 46-01-29-466-004.000-022, 46-01-29-466-005.000-002, and 46-01-29-466-006.000-022. The address 1107 Franklin Street is used for map reference only

Property profile
Verified
Property type Land
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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