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6 And Airport Rd Portage, IN 46368

OFF-MARKET Land Google Maps
9 ac lot
Estimated value
No estimation on file for this property yet.
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

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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