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    Northwood Trl Portage, IN 46368

    • Land
    • 28.40 lot acres
    For Sale
    View listing
    $1,200,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Northwood Trl

    Lot size
    28.40 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Porter
    State
    Indiana
    Longitude
    -87.1722
    Latitude
    41.5965

    Comparable in this City

    • Value Estimation by Request
      0.97 Acres

      6035 Lute Rd

      Land • 0.97 Acres
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      6.55 Acres

      Seq Sterling & Willowcreek

      Land • 6.55 Acres
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    • Value Estimation by Request
      1.52 Acres

      5740 Us-6

      Land • 1.52 Acres
      5740 Us-6, Portage, IN 46368
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    • Value Estimation by Request
      4.50 Acres

      6200 Melton Rd

      Land • 4.50 Acres
      6200 Melton Rd, Portage, IN 46368
      View Details
    • Value Estimation by Request
      8.39 Acres

      00 Willowcreek Rd

      Land • 8.39 Acres
      00 Willowcreek Rd, Portage, IN 46368
      View Details
    • Value Estimation by Request
      68.00 Acres

      5000 Us-6

      Farms • 68.00 Acres
      5000 Us-6, Portage, IN 46368
      View Details

    Similar Nearby for Sale

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    • $1,200,000
      28.40 Acres

      Portage Land: 28.4 Acres Shovel Ready

      Prime Portage development land, 80-lot subdivision. All utilities available.
      0 Northwood Trl, Portage, IN 46368
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    Similar Nearby for Lease

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      1 SF

      Prime Portage Commercial Land

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      Portage Retail Outparcels - Indiana

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      88,500 SF

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      Two commercial buildings totaling 18,000 SF in Portage, Indiana.
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    Northwood Trl
    Portage, IN 46368
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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