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    OFF-MARKET
    Land

    6 And Airport Rd, Portage, IN 46368

    9 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9-acre commercial land parcel presents a unique investment opportunity in Portage, Indiana. Strategically located at the intersection of US Route 6 and Airport Road, this property boasts exceptional visibility and accessibility. The site offers several outparcels ranging from approximately 1.6 to 2.2 acres, available for lease, sale, or build-to-suit development. Its prime location on a bustling thoroughfare, with an average annual daily traffic count exceeding 20,800 vehicles, ensures high exposure for any business. The property benefits from its proximity to major highways, including I-90 (just 3.5 miles away), I-65, and I-80/94, providing convenient access for customers and employees. Adding to its appeal, the land is situated adjacent to a thriving Kohl's Department Store and across the street from an IMAX Theater, ensuring a high concentration of foot traffic and consumer activity. Furthermore, Portage is experiencing significant residential growth, with planned residential developments directly behind the outparcels, creating a strong and expanding customer base. The site offers excellent access via a signalized intersection on Route 6, with plans for future direct access further enhancing its convenience. This property is ideally suited for a variety of commercial uses, including convenience stores, restaurants, banks, or quick-service restaurants. The sizes of the outparcels are approximate and subject to modification until the final site plan is approved.

    Property profile
    Verified
    Property type Land
    Lot 9 ac (392,040 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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