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Property profile

996 96 Pl Crown Pt Crown Point, IN 46307

OFF-MARKET
Retail properties & Spaces
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20,000 SF 2.2 ac lot

Property summary

AI-generated overview

This exceptional 2.2-acre site in Crown Point, Indiana, offers a prime opportunity for retail development. Located within the prestigious AmeriPlex at the Crossroads business park, a 386-acre master-planned development, this property boasts 20,000 square feet of proposed retail space. The site is fully improved with readily available utilities, including sewer, water, electric, gas, and high-speed fiber optic lines. Its strategic location on Broadway (SR 53), directly across from a new Amazon Distribution Center, ensures high visibility and significant traffic exposure. With 2023 traffic counts exceeding 17,804 vehicles daily, this location offers unparalleled access to a large consumer base. The property's zoning allows for a variety of uses, including light industrial, retail, automotive, office, and medical. The owner is flexible and will consider build-to-suit options for lease or sale, or a direct land sale. The site benefits from its proximity to major transportation arteries, including US Highway 30 (1.2 miles), the new I-65 interchange at 109th Avenue (1 mile), and is conveniently located 30 miles southeast of Chicago and 10 miles from the Illinois border. Nearby amenities include Methodist Hospital, Community Stroke and Rehabilitation Center, and Franciscan Health Hospital. This is a truly unique opportunity to establish a thriving business in a rapidly growing area with excellent infrastructure and a strong tenant base. The AmeriPlex park is a certified technology park developed in a joint venture with Purdue University Foundation and includes tenants such as Purdue Technology Center, Domino's, and Midwest Truck and Axle, among others.

Property profile

Verified
Property type Retail properties & Spaces
Total area 20,000 SF
Lot 2.2 ac (95,832 SF)

Cap rate & NOI

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

Value estimations

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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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