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    OFF-MARKET
    Land

    0 Northwood Trl, Portage, IN 46368

    28.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 28.4-acre parcel presents a remarkable opportunity for residential development. Located in Portage, Indiana, at 0 Northwood Trails, this property is an approved and platted 80-lot subdivision, ready for immediate construction. Situated off US 20/Melton Road, it enjoys unparalleled convenience, being just half a mile from I-94 and a third of a mile from Crissman Road (IN 249). All utilities are already in place, making this a truly "shovel-ready" project. The property's residential zoning ensures a straightforward development process. This 28.4-acre site offers significant potential for builders and investors seeking a prime location with exceptional infrastructure and accessibility. Furthermore, there's an option to expand your investment by acquiring an adjacent 4.8-acre commercial parcel located directly north on Melton/US 20. The asking price for this exceptional development opportunity is $1,200,000. Don't miss this chance to acquire a highly desirable and strategically located land parcel in a thriving Indiana community. The zip code is 46368, and the property is located in Porter County.

    Property profile
    Verified
    Property type Land
    Lot 28.4 ac (1,237,104 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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